FTAdviser Podcast

Since 2007, the number of private-rented households has grown by 60% as house prices have soared but incomes stagnated following the financial crisis.This growing cohort of renters has become known as 'Generation Rent', but what does this mean for the protection market?Homeowners across the UK are already underprotected and renters even more so, but since protection is traditionally sold at the point of a house purchase, what does the decline of home-ownership mean for consumers, brokers and insurers?This week, FTAdviser deputy features editor Ima Jackson-Obot discusses this, and how the protection gap for renters can be closed.Joining her to discuss this are Abi Greenhalgh, director at Nest Financial Services, and Andy Walton, protection proposition director at the Mortgage Advice Bureau.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Last week HM Treasury published a raft of consultations into tax policy, in a follow-up to the Budget which was branded 'tax day'.But like many sequels, it didn't quite live up to the hype. While some were anticipating changes to inheritance tax and capital gains tax - and there were even rumours of significant reform to pensions tax relief - in reality most of the Treasury's proposals were administrative in nature.This week FTAdviser's digital editor Damian Fantato is joined by Claire Trott, head of pensions strategy at Technical Connection, and Chris Etherington, private client partner at RSM, to discuss what the Treasury announced.They explore what the changes mean, why the government seems so wary of reforming CGT, IHT and pensions tax relief, and what the chances are of reform in the near future.As well as tax reform, they also discuss the Treasury's plans for tackling tax avoidance, which were also published on tax day.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

The role of pensions minister tends to change hands regularly but since his appointment in 2017 Guy Opperman has become the second-longest serving person in that position - second to Sir Steve Webb.Earlier this year he guided the Pensions Act into law, which included long-awaited rules around pension dashboards, collective defined contribution schemes, and new powers for The Pensions Regulator.This week FTAdviser's pensions reporter Amy Austin has a chat with Opperman about the plans to reassess the pensions advice allowance, the dwindling supply of defined benefit pension transfer advice and his work cracking down on scams.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

The past few years have been a turbulent one for British companies, with the Brexit negotiations followed by coronavirus lockdowns. And the UK is often caricatured as home to big financial services or commodities companies - many of which face structural challenges - but not to tech start-ups. But what opportunities are there in the UK?In this special edition of the FTAdviser Podcast, sponsored by Schroders, FTAdviser digital editor Damian Fantato examines what the outlook is for UK listed companies.He is joined by Paul Lamacraft, senior investment director at Schroders, Pieter Fourie, head of global equities at Sanlam, and Louise Kernohan, portfolio manager on the BNY Mellon UK Equity fund.They discuss the impact of Brexit, the UK small- and mid-cap landscape, the effects of inflation on UK equities and the role of bond yields in the performance of different parts of the UK equity market.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Inheritance tax is being lined up for a long-overdue overhaul, following recommendations by the Office for Tax Simplification.Wryly described as a ‘voluntary tax’, the limits have barely been touched for over a decade, while only minor tinkering around residential nil rate bands has been part of Budget announcements in recent years.But all this is about to change - and advisers whose clients may get caught up in the increasingly complicated web of IHT planning will need to know various ways to mitigate it.Joining Simoney Kyriakou, senior editor for FTAdviser, to discuss these issues and more are Nick Bird, business development manager for Octopus Investment; Kira Motley, partner at Boodle Hatfield, and Edward Grant, director responsible for professional development at St. James's Place. Hosted on Acast. See acast.com/privacy for more information.

Exactly a year ago, prime minister Boris Johnson began placing the UK into lockdown, closing pubs, cafes and restaurants as the coronavirus pandemic took hold. A few days later he would tell the UK population to stay at home.A year on from these dramatic events, many advisers have changed the way they run their businesses and meet their clients. On this week's podcast, FTAdviser digital editor Damian Fantato talks to three firms of different sizes about how they have coped and what they have learnt.He is joined by Lee Hartley, chief executive of Fairstone, Neil Moles, chief executive of Progeny and Victor Sacks, director of VS Associates to discuss what they have learnt, how they have adapted and what an exit from the pandemic might look like for advisers.They also discuss how recording meetings with clients could leave to a lower Financial Services Compensation Scheme levy, how providers and platforms have coped with the challenge and what the future might hold for acquisitions and vertical integration if the pandemic comes to a close.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Last week chancellor of the exchequer Rishi Sunak announced an extension to the stamp duty holiday and a government guarantee scheme to encourage lenders to start offering high loan-to-value mortgages again, after the disruption of the Covid-19 pandemic.This week Damian Fantato, digital editor of FTAdviser, is joined by Danny Belton, head of lender relationships at Legal & General Mortgage Club, and David Hollingworth, associate director at L&C Mortgages, to discuss whether this is enough to help turn 'generation rent' into 'generation buy'.They discuss whether Sunak's proposals will have their intended effect, whether the government is stocking demand at the expense of supply, whether the problem for 'generation rent' is loan-to-income ratios rather than LTV and whether products such as 10-year fixed rates could help.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

The events of the past 12 months have made many previously mundane things, such as going to the supermarket, more complicated.One thing that was already fairly complex but has been made more complicated is transitioning into retirement.From volatile investment markets to the changing employment opportunities for semi-retirees and the potential for having to support younger members of the family - many things have changed over the course of 2020.In this special edition of the FTAdviser Podcast, sponsored by Canada Life, digital editor Damian Fantato talks to Andrew Tully, technical director at Canada Life, Fiona Tait, technical director at Intelligent Pensions, and Justin King, chartered financial planner at MFP Wealth Management about some of these issues.By listening to this edition of the FTAdviser Podcast and answering the questions below, you can bank 30 minutes of CPD - which you can do by clicking here. Hosted on Acast. See acast.com/privacy for more information.

This week chancellor of the exchequer Rishi Sunak his second Budget as the rollout of the coronavirus vaccine across the UK gives hope of a return to some degree of normality over the summer.Despite unveiling plenty of schemes to demonstrate how much he was investing in the UK economy, Sunak made clear that the bills racked up during the pandemic would soon be coming due.This meant several revenue-raising initiatives were announces, including an increase in corporation tax, frozen thresholds on income tax and capital gains tax and a frozen lifetime allowance on pensions - though the stamp duty holiday will continue for a little while longer as the government encourages more lenders back into the high loan-to-value mortgage market.FTAdviser digital editor Damian Fantato is joined by Claire Trott, head of pensions strategy at Technical Connection, Kevin Roberts, director of the L&G Mortgage Club, and Chris Etherington, private client partner at RSM to establish what this means for advisers.They discuss the various frozen thresholds, what the corporation tax hike might mean for dividends, how the lifetime allowance freeze could affect workers such as doctors and the concerns of boosting housing demand without also boosting supply.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

As we approach the end of the tax year, clients inevitably kick-start their tax planning. Perhaps we’d wish them to do this earlier, but let’s face it, tax isn’t the easiest thing for most people to grapple with as a concept.This FTAdviser in Focus podcast explores why tax can be so tricky to tackle. The panel talks to Simoney Kyriakou, senior editor for FTAdviser, about the language of tax reliefs, duties and allowances, and why education needs to start earlier.The panel also discusses how financial services need to be aware of people's vulnerabilities and lack of understanding when it comes to the jargon we use, and make sure we approach every client conversation in plain English.Joining this podcast are Peter Glancy, head of policy, pensions and investments for Scottish Widows; Martin Stewart, co-founder of The Money Group; and Sarah Saunders, manager at RSM. Hosted on Acast. See acast.com/privacy for more information.