• Home
  • Episodes
  • About
    • Awards
  • Contact

Make the most of your money

martin@icfp.co.uk
Informed Choice RadioInformed Choice Radio
  • Home
  • Episodes
  • About
    • Awards
  • Contact
ICR235: Investment managers have been living high on the hog

ICR235: Investment managers have been living high on the hog

30/06/2017 Posted by Martin Bamford Podcast No Comments

ICR235: Investment managers have been living high on the hog

This week on the show, I’m talking about investment managers who have been living high on the hog and steps the regulator will be taking to improve transparency, introduce better price competition and generally take them down a peg or two.

There’s also a roundup of the latest personal finance news, my favourite money article this week, a random fact about money, an inspirational quote and, of course, the aftershow segment where I share a few of the things happening at Informed Choice this week.

Subscribe in Apple Podcasts | Click to listen now | Right click to download episode

Personal finance news

-Pound Sterling rose nearly 1% against the US Dollar this week, on the prospect of higher interest rates from the Bank of England. Mark Carney, governor of the Bank of England, said interest rates could rise if business investment grows.

-Mortgage lender Nationwide has reported house prices rose in June, following three months of falls. They reported average house prices rose by 1.1% this month, following a fall of 0.2% in May.

-The Bank of England’s Financial Policy Committee is forcing banks to raise a further £11.4bn by the end of next year, to shore up their finances in case of bad loans. It means banks will need to set aside £5.7bn by the end of 2017, in case economic shocks mean some borrowers default on their repayments.

-New research has identified the most expensive time in our lives as age 35. This ‘financial crunch point’ was identified by the comparison site Moneysupermarket, who found Brits are most likely to be juggling the cost of young children, along with mortgages, and loan repayments for cars, holidays and weddings.

-A new report has revealed that more than one in five aspiring first time buyers are currently living at home with their parents. The latest quarterly First Time Buyer Index from Aldermore Bank also found that a quarter say they will have to live with their family for five or more years to save for a deposit.

Money article of the week

–5 Reasons You’ll Never Be Wealthy

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.icradio.co.uk/voicemail to leave an online voice message.

Subscribe in Apple Podcasts | Click to listen now | Right click to download episode

No Comments
0
Share

About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

You also might be interested in

ICR169: Martyna Sroka, Money Saving Girl

ICR169: Martyna Sroka, Money Saving Girl

Feb 1, 2017

Martyna Sroka is Money Saving Girl; a money blogger born[...]

Seven Mistakes Every Investor Makes, with Joachim Klement

Seven Mistakes Every Investor Makes, with Joachim Klement

Mar 2, 2020

Every investor makes mistakes. Private or professional, amateur or experienced,[...]

ICR222: Erin Lowry, Broke Millennial

ICR222: Erin Lowry, Broke Millennial

May 31, 2017

What's avocado toast got to do with being able to[...]

Leave a Reply

Cancel Reply

Latest episodes

  • Expensive Funerals & Risky Bitcoin
  • What were the top 10 Informed Choice Radio episodes in 2020?
  • What does a no-deal Brexit mean for your money?
  • What an international tax laywer thinks about a one-off wealth tax in the UK
  • Covid cards, lottery ban, & mysterious monoliths

Subscribe to Informed Choice Radio

 

Like us on Facebook

Get social with us!

About us

Welcome to Informed Choice Radio, the personal finance podcast all about achieving your financial goals and living a better life.

Find us here

  • Martin Bamford
  • Informed Choice Ltd
  • Sundial House, 20 High Street
  • 01483 274566
  • martin@icfp.co.uk
  • www.icfp.co.uk
  • martinbamford

Fresh from our podcast

  • Expensive Funerals & Risky Bitcoin
  • What does a no-deal Brexit mean for your money?
  • What an international tax laywer thinks about a one-off wealth tax in the UK
  • Covid cards, lottery ban, & mysterious monoliths
  • What We Think When We Think about Wealth, with Dr Rainer Zitelmann

© 2021 · Informed Choice Ltd. Site by Bamford Media

  • Home
  • Contact
Prev Next
This site uses cookies: Find out more.