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In this episode of Informed Choice Radio, I speak to Robin Powell.

Robin was a TV reporter, producer and presenter for more than 20 years, working for Sky News, ITV and BBC 1, where he worked on The Sunday Politics. He reported from locations including Baghdad, Soweto and Guantanamo Bay, and made award-winning documentaries on the Holocaust and on Britain’s Romany Gypsy community.

He is the founder of Ember Television, a television and online video production company based in Birmingham. Notable clients include The Royal Shakespeare Company, The Church of England, Birmingham City Council, University of Warwick and Incisive Media.

For three years, Robin was a consultant to Sensible Investing TV, for whom he produced and presented the highly acclaimed online documentary How to Win the Loser’s Game. He also works as a brand journalist and content marketing consultant for advisers in Europe, North America and Australasia.

Robin is a member of the Chartered Institute of Journalists and was a Visiting Media Fellow at Duke University in North Carolina. Married with two children, Robin lives in rural North Warwickshire and works in Birmingham.

In this episode of Informed Choice Radio, I speak to Robin about his move to producing tailored content for financial services, what sparked his passion for evidence based investing, whether index funds have reached a tipping point and will become more popular than actively managed funds, and much more.

Welcome to Evidence Based Investing with Robin Powell, in episode 117 of Informed Choice Radio.

Some questions I ask

-If you were to go back through your broadcasting career and maybe pick out a few of your best moments, what would they be?

-What were the drivers behind that transition from mainstream political and geopolitical broadcasting to more tailored content for financial services?

-What are index tracker funds and evidence-based investing and how do they work? How would you sum them up in a nutshell?

-How can investors identify index trackers which best replicate their chosen index and best suit what they're trying to achieve?

Help us spread the word!

Thank you for listening to this episode of Informed Choice Radio.

If you enjoyed this episode, please share it by using social media or by sending a tweet.

If you enjoy the show, please subscribe in iTunes and write us a review! Reviews really help us stand out from the crowd and reach more listeners.

Direct download: ICR1173A20Robin20Powell-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, we get an investment market update from Ayesha Akbar, Portfolio Manager in the Fidelity Multi Asset team, and Martin talks about getting divorced and what it means for your money.

There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.

Financial tips for Brad & Angelina

Unless you’ve been living under a rock, you would have heard the news this week that actors Angelina Jolie and Brad Pitt are set to divorce.

Jolie filed for divorce on Tuesday, citing irreconcilable differences. The Hollywood couple have been together for 12 years, married for 2, and have six children.

For this episode of Informed Choice Radio, Martin shares 6 financial tips for Brad & Angelina, or anyone else when going through a divorce or separation.

His six financial tips for Brad & Angelina are:

1 – Get an overview of your current financial position.

2 – Set a reasonable budget for divorce proceedings

3 – Don’t rush into making big financial decisions

4 – Think about the short, medium and long-term!

5 – Update your will and beneficiaries

6 – Ignore your well meaning friends

Also in this episode, Martin spoke to Ayesha Akbar, Portfolio Manager in the Fidelity Multi Asset Team.

Martin asked Ayesha about the outlook for volatility in the investment markets. Volatility has been relatively low during the course of the summer. Is this likely to last?

He also asked what are the main risks to the investment market outlook which needs to be considered right now?

Martin asked Ayesha what’s the current market outlook in light of these risks? Are there any particular market areas with good prospects?

And finally, Martin asked how does investor perception of emerging markets need to change?

Personal finance news update

-Uncertainty around the EU referendum didn’t have an impact on UK house buying, with a slight rise in transaction levels during August. 

-A financial scam was committed once every 15 seconds during the first half of the year, according to Financial Fraud Action. 

-The EU referendum result has created a “challenging period of uncertainty and adjustment”, according to the Bank of England.

-Withdrawing money out of pensions is leaving over 55s at risk of paying thousands of pounds in inheritance tax. 

-Yorkshire Building Society is urging the Government to consider reforming stamp duty land tax to make it paid by sellers not buyers, removing the tax burden entirely for more than 225,000 people getting on the housing ladder every year. 

-The US Federal Reserve kept interest rates on hold during its meeting this week. 

Get answers to your personal finance questions

Do you have a personal finance or investing question for Martin?

Email martin@icfp.co.uk or ask on Twitter @martinbamford.

You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.speakpipe.com/InformedChoicePodcast to leave an online voicemail.

Help us spread the word!

Thank you for listening to this episode of Informed Choice Radio. Please get in touch with any feedback you have.

If you enjoyed this episode, please share it with a friend!

If you enjoy the show, please subscribe in iTunes and write us a review! Reviews really help us stand out from the crowd and reach more listeners.

Direct download: ICR116-ICR11620Brad20Angelina.mp3
Category:investing -- posted at: 2:00am UTC

What happens when a money manager responsible for billions of dollars of investments feels burnt out and decides to become a personal finance teacher instead?

In this episode of Informed Choice Radio, I speak to David Stein.

David is a former chief investment strategist and chief portfolio strategist, responsible for $33 billion of investments, heading up in this role a 21-person strong research group.

He is host of the incredibly popular Money for the Rest of Us podcast, his primary platform for teaching thousands of people about money, investing and the economy. David’s podcast has been featured in Business Insider, Forbes, and US News & World Report.

David also helps hundreds of individual investors improve their portfolio performance by providing asset allocation and investment guidance via the Money For the Rest of Us Hub, a premium multimedia investment education platform.

In this episode of Informed Choice Radio, I speak to David about the difference between institutional and retail investment decisions, the impact of Brexit on US fund management, his favourite podcast episodes, and much more.

Welcome to Money For The Rest of Us with David Stein, in episode 115 of Informed Choice Radio.

Some questions I ask

-How did you make the transition from institutional investment management to personal finance podcasting and education?

-Did you always want to work in finance and investing?

-Can the same broad strategic thinking apply to multi-billion dollar institutional investing and individuals from a personal financial planning perspective?

-Is Brexit a big deal for US investors?

-What's the current 'wall of worry' for investors?

-Why is index investing becoming so much more appealing than active fund management?

-Who gets your vote in the upcoming US presidential election?

 

Useful links mentioned in this episode

-Money For The Rest Of Us podcast

-David on Twitter

-Email David

 

Direct download: David20Stein-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, Martin talks to Abraham Okusanya, founder of research firm Finalytq, about new research into multi-asset investment funds.

There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.

Multi-asset funds vs Brainless Portfolios

In this episode of Informed Choice Radio, Martin speaks to Abraham Okusanya, founder of investment research firm Finalytq.

I invited Abraham onto the podcast because he has been causing something of a storm in the world of retail financial services this week.

It’s because of the publication of his latest research, which found that the massive multi-asset fund market is doing a disservice to investors, generating far lower returns than the cheaper alternatives.

The report claims that multi-asset fund managers are “not only genuinely unskilful” but “systematically reduce clients’ odds of accomplishing their objectives”.

As part of the research, Abraham rated 65 different multi-asset funds, looking at their charges and performance, as well as the financial strength of the fund provider.

Of these 65 funds, he only identified one fund considered to be excellent value for money, with only 6 rated as good. The other 58 funds were scored as either fair or poor.

This is an important topic for investors, as many billions of pounds are invested in these multi-asset funds. They are often seen as set it and forget it portfolios, which require little involvement from investors once the initial decision has been made to invest.

Personal finance news update

-The new Chancellor Philip Hammond has set a date for his first Autumn Statement, which will be presented to Parliament on Wednesday 23rd November.

-Nearly half of UK employees are suffering from a crisis of confidence when it comes to making financial decisions.

-Interest rates have remained on hold at 0.25%, with the Bank of England saying another interest rate cut is a possibility.

-Price inflation has remained steady at 0.6% in the year to August.

-The new plastic £5 note has entered circulation this week, although many parts of the country will have to wait to get their hands on one.


In this episode of Informed Choice Radio, I speak to Jasmine Birtles, founder of Moneymagpie.com.

Jasmine is an internationally recognised finance expert, financial and business commentator, journalist, TV and radio presenter, author and humourist.

Her consumer website Moneymagpie.com is the UK’s leading self-help money site for those seeking a richer life.

It is packed with fun and easy to understand articles, eBooks and videos on how to make money, save money and manage your money wisely.

Jasmine is a familiar voice on radio and television, making regular appearances on Good Morning Britain, BBC Breakfast, BBC News, This Morning, The Wright Stuff, Channel 4 News, Sky News and many others.

In this episode of Informed Choice Radio, I speak to Jasmine about combining humour with finance, making money more attractive to women, and why making money is often a smarter move than saving money.

Welcome to Putting Funny Into Money with Jasmine Birtles, in episode 113 of Informed Choice Radio.

Some questions I ask

-How do you combine humour and finance?

-What's more fun; being on television or writing books?

-What's the main driver behind your website, Moneymagpie.com?

-Are there financial topics your audience ask you about the most?

-What do you think is going to happen now to people's finances and just generally the economy in Britain now we've voted to leave the EU?

-Are low interest rates the biggest financial challenge we face today?

Useful links mentioned in this episode

-Moneymagpie.com

-Jasmine on Twitter

-Money Magpie on Facebook

Direct download: ICR11320-20Jasmine20Birtles-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, Martin talks about 7 quotes to change your relationship with money.

There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.

7 quotes to change your relationship with money

This week on the show, Martin talks about 7 quotes to change your relationship with money.

Six of these quotes were contributions from people Martin follows on Twitter. He finishes with a favourite of his own.

Martin shared each quote before talking about what it means for your personal finances and how it has the power to change your relationship with money.

Here are the seven quotes Martin talks about this episode, along with the Twitter name of the personal who suggested it.

Benjamin Franklin - "An investment in knowledge pays the best interest"(@UKCF_Tweets)

Seneca – “It is not the man who has too little, but the man who craves more, that is poor.” (@brettdavidson)

William Bernstein - “This time it’s different.”(@fryer_nathan)

Warren Buffett – “It’s only when the tide goes out that you discover who’s been swimming naked.” (@AronGunningham)

Warren Buffett - “Be fearful when others are greedy and greedy when others are fearful.” (@npton_adviser)

Benjamin Franklin - “a penny saved is a penny earned.” (@Plannergrrrl)

Dave Ramsey - “Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.” (@martinbamford)

We would love to hear what you think. What is your favourite personal finance or investing? If we get enough of these, Martin will produce another episode rounding them up.

Personal finance news update

-Women are as pushy as men when it comes to pay, dispelling a myth that this factor is the reason they get paid less.

-Illness is forcing one in eight people to quit work before they reach state pension age.

-The government is pushing ahead with its plans to introduce the Lifetime ISA next April, despite some criticism over timing and product features.

-New standards for Pension Wise staff giving guidance about the proposed secondary annuity market have been proposed by the Financial Conduct Authority.

-The Bank of England was responsible for the UK avoiding a new recession, according to its governor Mark Carney.

-Clueless young Brits have been dubbed the YOLO generation, with almost two-thirds of under-30s admitting they are ignorant of their money and financial options.

Get answers to your personal finance questions

Do you have a personal finance or investing question for Martin?

Email martin@icfp.co.uk or ask on Twitter @martinbamford.

You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.speakpipe.com/InformedChoicePodcast to leave an online voicemail.


In this episode of Informed Choice Radio, I speak to Joe Saul-Sehy.

Joe is a former financial advisor, spending 16 years advising families, and representing a Fortune 500 company in the media.

He was the “Money Man” at Detroit television WXYZ-TV, appearing twice weekly.

He’s appeared in the Los Angeles Times, Chicago Sun-Times, Detroit News and Baltimore Sun newspapers. He’s also appeared online in more than 200 different places, including CNBC.com and WSJ.com.

Now Joe is host of Stacking Benjamins, the Plutus award-winning podcast broadcasting live from his mom’s basement. Stacking Benjamins is a magazine-style podcast featuring fewer gurus and more discussions, with a focus on entertainment rather than hardcore financial tips.

In this episode of Informed Choice Radio, I speak to Joe about his inspiration for Stacking Benjamins, the creed which guides his approach to personal finance, the main financial issues people are struggling with today, and much more.

Welcome to Stacking Benjamins with Joe Saul-Sehy, in episode 111 of Informed Choice Radio.

Some questions I ask

-What inspired you to start Stacking Benjamins?

-Can you take us through your creed for personal finance?

-Who was your favourite guest interview and who else is on your dream guest list?

-Should we expect a sharp fall in bond values or a gentle unwinding of monetary easing?

-Do you have advice for people in the sandwich generation, financially supporting adult children and elderly parents?

-How do you go about finding the right financial adviser to work with?

Subscribe in iTunes | Click to listen now | Right click to download episode

Useful links mentioned in this episode

-Stacking Benjamins

-Joe on Twitter

-Stacking Benjamins on Facebook

-Steal Like An Artist by Austin Kleon

Direct download: ICR1113A20Joe20Saul-Sehy-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, Martin talks about saving for tomorrow, today.

There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.

Saving For Tomorrow, Today

This episode of Informed Choice Radio was prompted by an email from listener Tony, who was looking for direction about saving for the future.

Tony wanted to start investing a small amount each month for the long-term, but didn’t know where to start.

In this episode, Martin talked about the cost of using investment platforms to make regular investments and then shared his top seven tips for saving for tomorrow, today.

1 – Start with a plan

2 – Build the foundations first

3 – Set it and forget it

4 – Keep it simple

5 – Don’t pay any tax

6 – Save more as you earn more

7 – Don’t beat yourself up

Personal finance news update

-Millions of savers have been hit by further interest rate cuts in August, according to Moneyfacts.

-House prices have picked up slightly in August, according to the latest Nationwide House Price Index.

-The Financial Conduct Authority has banned an adviser and fined her over £100,000 for lying about qualifications.

-More than a third of people aged 18 to 24 have debts of almost £3,000 and live with significant concerns about money.

-Young Brits are looking forward to a greater later life with three in four millennials expecting their quality of life to be improved or maintained in retirement.

Direct download: ICR1103A20Saving20For20Tomorrow2C20Today-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, I speak to Daniel Ameduri, Chief Strategist at Future Money Trends.

Daniel is a self-made millionaire and full time fact finder.

He says he credits his success to a strong desire to research economics and surrounding himself with the right people.

After warning family and friends in 2007 about the coming market and mortgage collapse, he started his own YouTube channel, VisionVictory, which has received 8 million video views.

On March 18, 2008, Daniel called the collapse of Lehman Brothers, AIG, and Washington Mutual. During the mortgage crisis, he helped people buy Put Options on Countrywide Mortgage, and these Puts saw a gain of 1,400%.

When it comes to economics or macro-economic investing, Daniel is a real trend forecaster.

In this episode of Informed Choice Radio, I speak to Daniel about his background in economics and investing, the signs that informed his forecasts, some views on Brexit, the outlook for commodities, and why he is a supporter of Donald Trump.

Welcome to Choose To Be Rich with Daniel Ameduri, in episode 109 of Informed Choice Radio.

Some questions I ask

-How did you first become involved with economics?

-What signs helped you forecast the collapse of Lehman Brothers?

-What is your forecast for the British economy following the EU referendum result in June?

-Is Brexit going to have an impact on the US economy?

-Could you explain to our listeners how a put option works and why you might use one?

-With the US presidential election coming up, why are you supporting Donald Trump?

 

Help us spread the word!

Thank you for listening to this episode of Informed Choice Radio. Please email martin@icfp.co.uk and let us know what you think!

If you enjoyed this episode, please share it on social media or by sending a tweet.

If you enjoy the show, please subscribe in iTunes and write us a review! Reviews really help us stand out from the crowd and reach more listeners.

Direct download: ICR109-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC

In this episode of Informed Choice Radio, I speak to Daniel Ameduri, Chief Strategist at Future Money Trends.

Daniel is a self-made millionaire and full time fact finder.

He says he credits his success to a strong desire to research economics and surrounding himself with the right people.

After warning family and friends in 2007 about the coming market and mortgage collapse, he started his own YouTube channel, VisionVictory, which has received 8 million video views.

On March 18, 2008, Daniel called the collapse of Lehman Brothers, AIG, and Washington Mutual. During the mortgage crisis, he helped people buy Put Options on Countrywide Mortgage, and these Puts saw a gain of 1,400%.

When it comes to economics or macro-economic investing, Daniel is a real trend forecaster.

In this episode of Informed Choice Radio, I speak to Daniel about his background in economics and investing, the signs that informed his forecasts, some views on Brexit, the outlook for commodities, and why he is a supporter of Donald Trump.

Welcome to Choose To Be Rich with Daniel Ameduri, in episode 109 of Informed Choice Radio.

Some questions I ask

-How did you first become involved with economics?

-What signs helped you forecast the collapse of Lehman Brothers?

-What is your forecast for the British economy following the EU referendum result in June?

-Is Brexit going to have an impact on the US economy?

-Could you explain to our listeners how a put option works and why you might use one?

-With the US presidential election coming up, why are you supporting Donald Trump?

 

Help us spread the word!

Thank you for listening to this episode of Informed Choice Radio. Please email martin@icfp.co.uk and let us know what you think!

If you enjoyed this episode, please share it on social media or by sending a tweet.

If you enjoy the show, please subscribe in iTunes and write us a review! Reviews really help us stand out from the crowd and reach more listeners.

Direct download: ICR109-MP320for20Audio20Podcasting.mp3
Category:investing -- posted at: 2:00am UTC