 Marc and Josh meet Ben Russon, vice president and portfolio manager at Franklin Templeton Fund Management. Find out how Russon, lead manager on the Franklin UK Opportunities Fund and co-manager on the Franklin UK Managers' Focus Fund, approaches buying and selling UK equities and the benefits of active management.Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

In For A Penny

62 - How a fund manager invests your money

Marc and Josh discuss why its worth taking out life insurance and address Sunday newspaper suggestions that the product is a pact with death.What is the difference between term and whole of life coverHow do you pay for life insurance?Should commission be scrapped?How to not get caught out by the pingdemicLinks:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

Is life insurance a pact with death and how should you pay for it?

Marc and Josh discuss the mood of the nation amid England's run to the Euro 2020 final.Do you spend more when you are feeling positive?How important are your emotions when managing your money?Is it better to spend, save and invest when you are in a good or bad mood?Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

60 - How to manage your emotions when managing your money

Marc and Josh discuss what the latest Sunday Times Rich List tells us about society.Should you aspire to get on the Rich List?Does the Rich List matter?What would you spend your wealth on if you made the Rich List?How do you define wealth?What is the point of wealth?Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

59 - Should you care about the Sunday Times Rich List?

From gym memberships to football season tickets, your bank account may be full of direct debits and money transfers that you make out of habit.Marc and Josh discuss how to identify essential and non-essential spending.Plus, should football season tickets be cheaper if the team is playing badly!Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

58- Is your spending worthwhile or worthless?

Marc and Josh discuss what households should do with the £238bn of cash savings built up during lockdown.How to start saving?What is the best way to save?Is it better to save or invest?Should you start spending once lockdown eases?Why cryptos aren't a viable way to save.Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

57 - Savvy savers: How to use your lockdown savings

Marc and Josh meet Omnis Investments client portfolio manager Rohit Vaswani to discuss how active management can boost your portfolio and why you should avoid social media tipsters and stick with regulated funds.What is active management?How do you know if your fund is performing well? Is there such thing as a star fund manager?Why social media isn't a good place to get financial adviceLinks:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

How do you invest yours? Why you should consider active fund management

Marc and Josh meet protection specialist Karla Edwards to discuss how she uses Instagram and TikTok to engage with people about the importance of insurance.Why do you need insurance?The importance of paying your premiums even in tough times.Do you need insurance if you aren't married or don't have kids?Why you should consider insurance as soon as you are pregnant.Links:The Orchard PracticeCavendish ContentLeave a review!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

Karla Edwards - The Protection Parent

Marc and Josh discuss why they quit the rate race to manage their own businesses and the main financial factors to consider.Plus, Josh gets his first post-lockdown haircut!Relax and enjoy the words of wisdom (and laughter) from Marc Shoffman & Joshua Gerstler - hosts of the UK’s funniest personal finance podcast. Links:The Orchard PracticeCavendish ContentLeave a review!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you!Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

Going solo! What to consider when becoming self-employed

One of the main aims of investing is to grow your money but you can also earn extra through dividends without having to invest more of your hard-earned cash.In this episode of the In For a Penny personal finance podcast, Marc & Josh discuss the basics of shares and dividends, including:What is share?What is a dividend?How does a dividend help grow your investments?How many stockmarket investing jokes can Marc make in one episode?Relax and enjoy the words of wisdom (and laughter) from Marc Shoffman & Joshua Gerstler - hosts of the UK’s funniest personal finance podcast. Links:The Orchard PracticeCavendish ContentLeave a review!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you! See acast.com/privacy for privacy and opt-out information.

53 - WHAT ARE SHARES AND DIVIDENDS

From pension tax relief to annual and lifetime allowances, Marc and Josh discuss everything you need to know about how your retirement savings are taxed.What is tax relief and how it boosts your pension contributionsHow much can you put into a pension each yearHow pension withdrawals are taxed and how you can get 25% of your pot tax-free!Relax and enjoy the words of wisdom (and laughter) from Marc Shoffman & Joshua Gerstler - hosts of one of the UK’s funniest personal finance podcast. Links:The Orchard PracticeCavendish ContentLeave a review!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you! See acast.com/privacy for privacy and opt-out information.

52 - HOW PENSIONS ARE TAXED

In this episode of the In For a Penny personal finance podcast, Marc & Josh discuss Chancellor Rishi Sunak's budget, how he plans to balance the nation's finances and how it could affect you, including:Freezes to Income Tax thresholdsIs a Corporation Tax rise fair?Why does the government need to balance the books?Relax and enjoy the words of wisdom (and laughter) from Marc Shoffman & Joshua Gerstler - hosts of the UK’s funniest personal finance podcast. Links:The Orchard PracticeCavendish ContentLeave a review!Do you have a topic you would like Marc & Josh to discuss? You can get in touch with any comments / feedback via the websites above or on Twitter @marcshoffman @joshgerstlerWe look forward to hearing from you! See acast.com/privacy for privacy and opt-out information.

51 - BUDGET MARCH '21

Marc and Josh discuss what to do with all those workplace pension pots you build up over your career.Is it always best to consolidate your pensions?What are the risks?How do you combine your company pensions?About usThe In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society. See acast.com/privacy for privacy and opt-out information.

Transfer market: Should your combine your workplace pensions?

Marc and Josh spoke with Rebecca Fox, an employment lawyer at VWV in Watford about how to furlough fairly.The word furlough is also becoming more common after the government set up a coronavirus job retention scheme to help businesses retain staff during the uncertainty of the pandemic even if they have to temporarily close.Under the scheme, the government will pay a firm’s employees 80% of their current salary for hours not worked up to a maximum of £2,500.It will run up to the end of March 2021.Of course there are lots of questions, what can and can’t you do on furlough and what are your employment rights during the pandemic and beyond.Can you still earn annual leave?Are you allowed to apply for a new job?What happens if you feel you have been dismissed unfairly?There have been lots of changes to government support and this interview was conducted in late October so things could be different by the time you listen but it should give you a general idea of what it supposed to happen on furlough and if you ever feel you have been unfairly dismissed.About usThe In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society. See acast.com/privacy for privacy and opt-out information.

Furlough facts: The rights and responsibilities of employers and employees

The Bank of England has suggested negative interest rates are in its toolbox to stimulate the economy.Marc and Josh discuss what this could mean for your savings and mortgages.Plus, hear Marc's novel idea to use pension funds to boost lending.About usThe In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.Support this show http://supporter.acast.com/inforapennypodcast. See acast.com/privacy for privacy and opt-out information.

What negative interest rates could mean for your money

From business etiquette to corporate jargon, personal finance journalist Marc Shoffman and his financial planner friend Joshua Gerstler discuss the confusing concepts and challenges from the world of finance and wider society

hubhopper

In For A Penny

hubhopper