Martin is on holiday this week so hands podcast hosting duties across to Nick for this episode.
Nick shares the latest personal finance news before inviting Shelley into the studio to talk all about inheritance tax planning.
To book a free seat at one of our two inheritance tax planning seminars in Cranleigh on Thursday 22nd June, visit icfp.co.uk/seminar.
Personal finance news
-Tens of thousands of expat pensioners may return to the UK to use the NHS after Brexit.
-Small firms have been hit by rates relief delay.
-The value of the pound dropped after a projection suggested the Conservatives could fail to win an outright majority in the election on 8 June.
-Higher inflation is driving down real wages for British workers.
-BT are considering closing their defined-benefit pensions scheme for existing staff.
Random fact of the week
During the Middle Ages, knights did not want to carry cash around because of robbers. Instead, knights wore special rings. When a knight stayed at an inn, for example, he would stamp the bill with his ring. The innkeeper later took the stamped bill to the knight’s castle to be paid.
Our inspirational personal finance quote this week comes from Jonathan Swift who said.
“A wise person should have money in their head, but not in their heart.”
Get answers to your personal finance questions
Do you have a personal finance or investing question for Martin?
Email firstname.lastname@example.org or ask on Twitter @martinbamford.
You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.