Money Clinic with Claer Barrett

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 sa...

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 j...

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...

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 practi...

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...

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...

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. Hosted on Acast. See acast.com/privacy for more information.

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 pri...

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. Hosted on Acast. Se...

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.  Hosted on Acast. See acast.com/privacy for more information.

Claer Barrett explores some of the biggest issues facing small investors with investment columnist Merryn Somerset Webb and Fidelity’s Maike Currie.  Hosted on Acast. See acast.com/privacy for more information.

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 Co...

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...

It's been a week of shock and awe for UK investors. Wednesday started with an emergency interest rate cut from the BoE. New chancellor Rishi Sunak then delivered a Budget full of emergency "first aid" measures to help workers, the self employed and small businesses survive the crisis - and some very unexpected news for wealthy pension savers. And in the meantime - stock markets around th...

Join our campaign for clear pension charges - FT Money has been exploring the impossibility of comparing the costs of drawdown plans. The FT is calling on the pensions and advise industry to be transparent about charges to help people to shop around. In this week's show, FT Money Show presenter Claer Barrett interviews o the FT's pensions expert about our campaign. Next up,&nbs...

Do you want to find out how to do the splits on your mortgage? FT Money Show presenter Claer Barrett is not talking about stretching yourself, but instead, how thousands of borrowers are finding their mortgage lender is flexible enough to give them more than one type of mortgage. Next up, nearly a million people reported scam calls, texts or emails from criminals posing as UK tax authority HMRC la...

The "Instagram generation" are more famous for sharing consumption-driven images than being savvy with money - but the social media platform is increasingly providing the "inspo" for young people looking to save money, learn to budget, start investing or get out of debt. Presenter Claer Barrett talks to FT Money writer Katharine Gemmell and FT columnist Jason Butler.  Hosted on Acast. Se...

Is time running out for pensions tax relief? Chancellor Sajid Javid is reported to be considering a major shake-up of pensions at the Budget in a months time. The FT's pensions correspondent Josephine Cumbo talks to FT Money editor Claer Barrett about what form this could take. Next up, we debate the value of the Winter Fuel Allowance for wealthy pensioners. And finally, our resident property...

Have you been mis-sold pensions advice? FT Money Show presenter Claer Barrett talks to the FT's pensions expert Josephine Cumbo about the suitability of financial advice in relation to retirement planning. Next up on the show we discuss how the new bank overdraft rules could affect you. And finally, does your financial adviser speak your language? FT columnist Moira O'Neill has spoken out against...

Could your stock picking skills beat the market this year? In this week's FT Money Show podcast presenter Claer Barrett talks to FT Markets reporter Robert Smith about the results of our 2019 contest between readers and FT journalists. Plus we give you details of how to enter this year's competition. Next up, January's nearly over but you still have another 11 months to make good on your New...

Student debt in the US is crippling millions of Americans. Last year the amount students owed came to a total of $1.6tn - that's 8 per cent of the country's national income. This week we hear from one of the 45m students paying back debts to the government. FT Money Show presenter Lucy Warwick-Ching talks to FT reporter Alice Kantor about why university is so expensive in the US compared to the UK...

The well-advised wealthy are worrying that pensions benefits could be cut. FT Money Show presenter Claer Barrett asks the FT's pensions expert for the details. Next up we discuss whether it's better to invest in buy to let or a holiday let? And if you're thinking of buying a new car you might change your mind about how you finance it after you listen to this podcast.  Hosted on Acas...

Harry Potter will turn 40 in the year 2020, but has he been a wizard with his finances? Presenter James Pickford speculates on his fictional fortune with Moira O’Neill, head of personal finance at Interactive investor - plus we look at the financial impact of a Dry January, and where to find the best deals on gym membership. Hosted on Acast. See acast.com/privacy for more information.

2019 has been a bumper year for bad investments - the unravelling of Neil Woodford's investment empire has left many nursing heavy losses, others have lost money in mini bonds or have money trapped in property funds. Presenter Claer Barrett talks to experts about what people should do if their investments haven't worked. Plus, as we enter the season of goodwill we tell listeners how to talk t...

Finding suitable childcare is an issue that we know makes many of the FT Money Show listeners bawl so we've invited someone onto the show to try to make sense of it. Today's lead guest on the FT Money Show, Izabella Kaminska, was so struck by the financial complexity of working out the costs of hiring a nanny - from tax, to organising a pension and accounting for various extras - she decided to wr...