Episodes
Putting all of your pension savings in one place to make it easier to manage your retirement plans sounds like a sensible idea — but it’s not necessarily the right solution for everyone. Claer Barrett meets 51-year-old Tina who has spent lockdown searching for all of her old pensions: some have performed better than hoped, but others have had high charges, and she has a gap in her UK state pension contributions due to working overseas. Experts Sir Steve Webb of Lane Clark & Peacock and...
Published 01/12/21
2020 was a turbulent year for most people’s finances, but the new year provides the perfect opportunity to set some ‘financial resolutions’. The guests on the first podcast of the New Year, couple Toby and Siobhan, are looking for some ‘fin-spiration’ to get their money working harder in 2021. They’ve paid off their credit cards under lockdown, and are wondering where to direct their spare cash: overpay the mortgage, or put more into pensions or other investments? There’s also one financial...
Published 12/31/20
Money Clinic is taking a break until December 31st, so why not delve into our back catalogue of podcasts to find useful discussions on how to manage your money during the pandemic, from starting in investing and shared ownership to the dangers of 'money mules' and moving into a second career. Our next episode focuses on how best to plan your finances in the New Year while Covid-19 continues to affect all our lives. If you would like to talk to Claer for a future podcast episode, email the...
Published 12/22/20
She earns a six-figure salary working an 80-hour week on Wall Street but 20-something Anna spends her spare moments dreaming about starting her own business. She chats to presenter Claer Barrett about the challenge of resisting “lifestyle creep” - the pressure to spend more as you earn more - in New York City. But how much will she need to save up to support herself if she pursues her passion project? Experts Bola Sokunbi, the founder of Clever Girl Finance, and Emilie Bellet, founder of...
Published 12/15/20
If you’re offered the chance to make some easy money during the pandemic, what should you do? Money Clinic was emailed by 19-year-old student Henry who, along with many of his friends, had been contacted on Snapchat and Instagram and asked: ‘Do you want to make money working from home?’ To earn a few hundred pounds, students are being asked to open bank accounts, then receive and transfer money. This may sound innocuous. But as presenter Claer Barrett reveals, acting as a ‘money mule’ is a...
Published 12/08/20
Finding a side hustle that earns you  money alongside your main job is an attractive idea — but it can be hard to achieve as Jonny, this week’s guest, has found out, with his side hustles costing him time rather than earning much extra cash. He’s also looking to volunteer as a side hustle to further his ambition of campaigning on personal finance issues, but how can he find the right balance of money and time? Presenter Claer Barrett hears from experts Abadesi Osunsade, founder of Hustle Crew...
Published 12/01/20
Since they moved in together at the start of the UK lockdown in March, Marijke and Danny’s relationship has gone from strength to strength. Marijke owns the flat they both live in — but Danny has recently come into an inheritance and wants to finance building an extension to their home. How can the cohabiting couple structure this arrangement in a way that will be fair to both of them if they later split up? Presenter Claer Barrett seeks guidance from experts, Michael Gouriet, partner in the...
Published 11/24/20
For 61-year old Margaret, and millions of other women, being able to retire with a pension has become an unaffordable dream. She has relied on working as a supply teacher to pay the bills. But she says employers don’t want to hire older workers. After many unsuccessful job applications, Margaret has gone back to university to study creative writing and to seek a new career. Lindsay Cook, the FT’s Money Mentor columnist, suggests how women in Margaret’s situation can maximise their retirement...
Published 11/17/20
29-year-old jewellery designer Roseanna Croft is having her mettle tested by the pandemic. Wedding cancellations have dented her sales, and now the second UK lockdown threatens Christmas trading. As a limited company director, she has restricted access to government support and must rely on her own efforts to redesign her business plan. Claer finds creative inspiration for Roseanna from Suli Breaks, the entrepreneur, poet and presenter of the 7even Figures Business Podcast, and financial tips...
Published 11/10/20
Lucy is on the cusp of buying a shared ownership flat with her partner — but she’s getting cold feet. The shared ownership model enables buyers to take out a mortgage on part of the property, and pay rent on the rest. However, Lucy is worried this could be more expensive than she bargained for, and fears she will never be able to afford to own 100 per cent of her new home. Claer hears from independent property expert Henry Pryor and mortgage broker Andrew Montlake from Coreco.  Further...
Published 11/03/20
Claer Barrett chats to Harri about the challenges of building an ethical investment portfolio. The 29-year old is saving £1,000 a month into his retirement fund, and has noticed a growing array of ESG options (a label applied to investments that address environment, social and governance considerations). Are they genuinely doing good — or have they just done a good job on their marketing? And does investing ethically mean he has to sacrifice some investment returns? Experts Gillian Tett and...
Published 10/27/20
Claer Barrett chats to Josh, a high-earner living in New Jersey who has large credit card bills to settle. The 30-something finance worker has spent $20,000 paying for holidays and unexpected bills on his interest-free cards, but his wife is unaware of how much he now owes. Under lockdown, the couple have impressively managed to save more than $27,000. His wife wants to use their savings towards a deposit on a house, but should Josh come clean and pay off some of his card debt? Experts Robert...
Published 10/20/20
Could there be a worse year than 2020 to graduate from university? Lockdown disrupted final exams, not to mention final goodbyes - and graduates face one of the toughest recruitment markets in recent times. Claer Barrett chats to 21-year-old graduate Olly. He’s landed a traineeship with a big City of London firm, but his start date has been delayed until January 2021. Other friends have had job offers withdrawn, ending their hopes of renting a London flat together. Olly also worries how...
Published 10/13/20
In this week's episode of the Money Clinic, presenter Claer Barrett chats to Naureen, a 37-year old Londoner who has been saving money under lockdown — and now wants to start investing it in the stock market. Naureen had a wake up call when she received her annual pension statement through the post, and saw that her projected income in retirement would not even cover the basics. She is so keen to learn more about investing she has even started a vision board to inspire good financial habits -...
Published 10/06/20
If you’re thinking of taking early retirement - don’t. That’s the blunt assessment from financial advisers on both sides of the Atlantic, who fear that volatility on the stock markets - not to mention pressures within the jobs market - will be a toxic combination for those in their 50s and 60s who are planning to retire. FT Money Show presenter Claer Barrett and guests discuss the practical steps investors can take to secure a better future.    See acast.com/privacy for privacy and opt-out...
Published 06/19/20
Crisis? What crisis? On Monday, investors in the main US stock market index, would have been up on the year as the S&P 500, incredibly, regained the group lost to the coronavirus. FT Money show presenter Claer Barrett talks to special guest Merryn Somerset Webb about how globally, markets are getting their mojo back thanks to huge amounts of government stimulus, and big US tech companies like Amazon and Netflix have prospered under lockdown conditions - showing that yet again, investing...
Published 06/11/20
There’s nothing like a global pandemic to remind people of their own mortality and coronavirus has sent individuals rushing to get their financial affairs in order. In this week's FT Money show presenter Lucy Warwick-Ching talks to guests - Julia Cox, partner at Charles Russell Speechlys and Ian Dyall, head of estate planning at Tilney - about how best to pass money down the generations. From trusts to family investment companies, or regular gifts out of income - how can you give your...
Published 06/04/20
FT Money presenter Claer Barrett talks to FT columnists Michael Skapinker and Lindsay Cook about the issues travellers are experiencing, which airlines appear to be the best and worst and how UK listeners can go directly to their credit or debit card provider to request a refund for cancelled flights and holidays.   See acast.com/privacy for privacy and opt-out information.
Published 05/28/20
Will UK taxes go up in the near future? A leaked Treasury document shows the government is pondering some taxing questions. In this week's FT Money Show podcast Claer Barrett and guests discuss what could happen - and when. Plus, financial planning is a topic we know many of you are turning to under lockdown - Michael Martin from Seven Investment Management gives some tips on what to prioritise.   See acast.com/privacy for privacy and opt-out information.
Published 05/21/20
As the chancellor commits to spending billions more on support packages for workers and companies, FT Money presenter Claer Barrett and experts explain what you could claim. Next up on the show, maths teacher and TV personality Bobby Seagull talks about this year’s National Numeracy Day - an opportunity for people of all ages to boost their numeracy and money management skills.   See acast.com/privacy for privacy and opt-out information.
Published 05/14/20
Claer Barrett and Lucy Warwick-Ching discuss covert and overt ways to interest children in learning about money, and columnist James Max reveals that his biggest problem during the lockdown has been keeping his house clean without his regular cleaner.    See acast.com/privacy for privacy and opt-out information.
Published 05/07/20
Claer Barrett explores some of the biggest issues facing small investors with investment columnist Merryn Somerset Webb and Fidelity’s Maike Currie.    See acast.com/privacy for privacy and opt-out information.
Published 04/30/20
Published 04/30/20
There are lots of pressures on household budgets at the current time, but experts on the FT Money show are here to guide you through it. On this week's podcast we’re going to be talking about worker’s rights if companies want to cut their pay; whether you should take a ‘payment holiday on your mortgage’, and how to get a refund on a holiday you can no longer take - our Money Mentor Lindsay Cook is here to help. And with children at home, we’ve also got ideas to inspire them to learn more...
Published 04/23/20
Could Isas overtake pensions as the UK's tax-saving vehicle of choice? The tax benefits of pensions have been steadily eroded over the past decade but at the same time, Isas have been coming into their own. Most people approaching retirement today will rely on a combination of pensions and Isa income. In this week's show, FT Money Show presenter Claer Barrett takes a break from covering the coronavirus and what it means for your money, and interviews the FT's Money Mentor columnist about why...
Published 03/19/20