『The Meaningful Money Personal Finance Podcast』のカバーアート

The Meaningful Money Personal Finance Podcast

The Meaningful Money Personal Finance Podcast

著者： Pete Matthew
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 Pete Matthew discusses and explains all aspects of your personal finances in simple, everyday language. Personal finance, investing, insurance, pensions and getting financial advice can all seem daunting, but with the right knowledge and easy-to-follow action steps, Pete will help you to get your money matters in order. Each show is in two segments: Firstly, everything you need to KNOW, and secondly, everything you need to DO to move forward on the subject of that episode. This podcast will appeal to listeners of MoneyBox Live, Wake Up To Money, Listen to Lucy, Which? Money and The Property Podcast. To leave feedback or ask a question, go to http://meaningfulmoney.tv/askpete Archived episodes can be found at http://meaningfulmoney.tv/mmpodcastMeaningfulMoney Ltd 個人ファイナンス 経済学
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  • Christmas Episode 2025

    Christmas Episode 2025
    2025/12/24

    Join Roger and Pete for a 2025 retrospective where we look into the kind of year it's been and a little bit ahead to 2026. MERRY CHRISTMAS!


    Shownotes: https://meaningfulmoney.tv/session602


    02:04 Meaningful Money - Podcast, YouTube, Academy
    12:05 Antidote to the noise.
    16:40 Bank of Dad
    22:39 Jacksons
    31:18 Personal Reflection
    45:18 Thanks To...


    Meaningful Money Podcast on YouTube: https://www.youtube.com/@MeaningfulMoneyPodcast

    Meaningful Money Youtube Channel: https://www.youtube.com/@meaningfulmoney

    Meaningful Academy: https://meaningfulacademy.com

    Jacksons: https://jacksons.life

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    49 分
  • Listener Questions, Episode 36

    Listener Questions, Episode 36
    2025/12/17
    Welcome to the last Q&A session of 2025. In this show we cover selling properties to invest in pensions instead, starting to invest for the first time, UFPLS vs FAD and SO MUCH MORE! Shownotes: https://meaningfulmoney.tv/QA36 02:05 Question 1 Big thanks to Pete and Roger for all the excellent advice. This question is for some of the 2.8 million UK landlords. Even those with just one property in their own name—not through a limited company—are increasingly affected by fiscal drag. Looking ahead, I plan to sell down much of my property portfolio in later life (because who wants to be a landlord at 70?). Plus, mortgage finance becomes trickier in your 70s. That said, even if I retain one or two of the best properties, the rental income alone may push me into the higher-rate tax bracket. I'm 49 and don't currently have a SIPP, but I can invest up to the £60k annual allowance via my limited company. Would it make sense to start building a modest pension over the next 10 years as a risk mitigation strategy? If so, how should I think about the opportunity cost? I'd save 25% corporation tax going in, but pay higher-rate income tax on the way out (less the 25% tax-free lump sum)—so is the net tax cost around 5%? Or am I overlooking other factors, like the benefit of CGT and income tax exemptions on growth within the pension? Appreciate your thoughts—and keep up the great work. Regards, Cameron. 07:29 Question 2 Hi Pete, Roger and Nick, I've recently discovered your YouTube channel and podcast, and it's been a real eye-opener - thanks so much for all the great content! I'm 45 and currently have £74,000 in a Fidelity SIPP, but it's all sitting in cash. I know that's far from ideal, especially with 15–20 years until I plan to retire. I also realise it's a relatively modest pot for my age, and it's not earning anything while it just sits there. How would you typically advise someone in my situation to begin investing some or all of that cash? I'm keen to make up for lost time but want to do so wisely. Thanks again, and keep up the brilliant work! Joanne 15:15 Question 3 Hi Pete & Roger, Firstly thanks so much for all your hard work - I devour your podcasts, videos & books - so much hard work on your behalf & I hope you realise how appreciated they are. I am just at the stage of life where in the next few years I need to start thinking about drawing money out of mine & my husband's pensions and I am considering the most tax efficient way of doing this. I have been reading all about UFPLS and FAD. As background, it is unlikely that either my husband or I will ever have much Personal Allowance unused in the years up to receiving our State Pensions due to rental income we receive; it is also unlikely that either of us will ever become higher rate taxpayers. I also understand that to get the most out of ones PCLS it is best to only crystallise the funds actually needed from an uncrystallised pension so the rest of the pot can hopefully grow and therefore the 25% tax free sum also grows. So, my question is, what am I missing, in what situations would it be more beneficial to take an UFPLS payment v making a partial crystallisation into a FAD pot (I am with ii who offer this). I feel like an UFPLS payment would give me 25% tax free and 75% taxed right away, whilst a FAD would give me the same 25% tax free and 75% could be taken straight away or drawn down over time as desired and could also be left invested to hopefully grow? Thanks so much, Tracy 21:12 Question 4 Hi Pete and Roger, thanks for hosting such a great podcast! I've recently been searching for a new job and was lucky enough to receive an offer with some interesting compensation features that I thought I would ask your opinions on. I actually turned down this role in favour of something else, but wanted to ask nonetheless as the offer came with an interesting feature that I have not come across before. Firstly, and probably most straightforward to answer – The salary on offer was £50,500 per year, which seems a weird figure – suspiciously only slightly above the threshold to tip me into the higher tax bracket, which got me thinking – are there any benefits (to the employer or employee) of being only just into the next tax bracket up? Why not £50k, or £51k? Secondly, in addition to a very generous DC pension scheme (they would pay in 12% if I pay in 5%) they offer a "Savings Scheme" whereby 5% of my salary would be deducted (and paid into this scheme) each month and at the end of 12 months the company would then top up these savings with another 5% of my annual salary – (actually 6% to "account for the extra tax"). My real question is this – what are these "savings schemes" in a nutshell, and are there any benefits of them over trying to negotiate for increased employer pension contributions instead? Interested to hear your thoughts on these. Thanks so much! Jamie 29:09 Question 5 Hello Pete and Roger I've recently ...
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    44 分
  • Listener Questions Episode 35

    Listener Questions Episode 35
    2025/12/10
    It's episode 600 of the podcast, not that we're doing much to mark that milestone! We have some excellent questions today, taking in retirement planning, getting a mortgage if you have a new business and how flexible ISAs work! Shownotes: https://meaningfulmoney.tv/QA35 02:43 Question 1 Hi Pete, I'm a single household, due to pay my mortgage off in my early 50's….I have very little savings and pensions are everywhere and been 'balanced fund choices' as I either do self employed work or fixed term contracts. I'm really concerned I won't have 'enough' to retire. Where do I start to know how much I need? I don't have an extreme fancy lifestyle but want to live comfortably with running a car, having a nice home and having a holiday every few years. I would also like to help my siblings out if possible when they need it. Also for your business…..have you thought of making it an 'employee owned trust' in the future? This could be a good option if you don't want it swallowed up by larger organisations and want to keep a people focussed culture. Thanks, Anna 12:57 Question 2 Hi Pete and Roger Recently discovered the podcast and it's been really helpful in getting my thoughts straight about future planning - thank you! My job gives me a DB pension that as it stands will give me £4617 per year at 67 - for every year I work that will go up by one 54th of my salary, (£57k) so £1055 annually if I stay at the same grade. Increased by cpi plus 1.5% annually at the moment; and by CPI only once in payment. I can exchange part of this for a lump sum when I take it but that's a decision for another day! I'm projected for full SP at 67 after another 2 years contributing. I have £30k in a pensionbee that I'm adding to £100 a month, and after listening to the podcast I have started an AJ Bell SIPP (vanguard lifestrategy 60% equity) which I'm adding £200 a month to. Also working on the cash ladder/emergency fund - currently just £5k in a cash ISA I am hoping to get this up as much as possible. After overpaying mortgage and contributing to PensionBee/SIPP I can save £200 in a good month. I am aiming to retire as soon as I possibly can after 60, when the kids will all be in their 20s. I am sure this seems impossible but might as well aim high!!! So my priority is to build for the years between 60 and 67. And leave something for the kids, eventually! So…my question!! I have an old tiny deferred DB pension that I can take at 60, £3461 lump plus £1153 per annum (no option to take either a smaller or larger lump sum). I can't trivially commute this due to the rules of the scheme. As it's deferred there are no other benefits eg death in service. Or, I can take this now (age 53) with a reduction for early payment so it would be worth £3076 lump and £869 per annum. The pension increases each year by CPI while deferred and also when it's in payment. Does it make sense to take now, and put lump and monthly payment into either mortgage, or SIPP, or cash ISA? And if so which - SIPP gets me extra 25% from the gov as it's under pension recycling amount? But £3k off my mortgage now might be better. Cant get my head around the maths of this...but my gut feel is it would be working harder for me in my hand despite the fact I'd be taxed on the annual amount? I'd make sure that with my work and personal contributions I stay in 20% tax band and reclaim from HMRC when I do my tax return. Sarah 19:39 Question 3 Hi Pete and Roger, great show and love the new format to allow listeners to ask lots of questions. My question is around pension inheritance. When a person dies and passes a DC pension to a spouse or child, does the inheritance remain in the pension wrapper when it passes on or does it lose its pension wrapper status which allows the person inheriting to use the cash as they want without the pension restrictions? Many thanks, Kavi 26:04 Question 4 Hi Pete I've been watching your videos and listening to your podcasts for about two years now and I'll start by thanking you (and the youthful Mr Weeks) for the public service you provide outside your paying work. I have what I think is a simple question, but I don't seem to be able to find a definitive answer on-line. I retired about this time two years ago at the age of 62 so I'm 64 now. I have a DC pension in the form of a SIPP which is currently worth a little more than £600k. I also have a similar amount in savings (some in cash, some in an S&S ISA). I live on a combination of the income provided by the cash and the S&S ISA, plus a series of small UFPLSs taken roughly quarterly from my SIPP throughout the tax year. At this stage the SIPP withdrawals are relatively modest (totalling maybe 12k a year, of which of course 3k is tax free). My intention is to continue doing the UFPLSs at roughly the same rate, possibly increasing a little as a result of inflation. State pension will add another 12k or so to my annual income in 3 years so ...
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    44 分
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