On The Money

We’ve all been there and made some investing mistakes. The good news is that there are ways to limit any impact, such as by having a diversified portfolio and investing regularly. In this episode, Kyle and Dave explain how they have invested over the years, running through the lessons they’ve learnt, and offering pointers on how to build a portfolio. On The Money is an interactive investor (ii) po...

We kick off discussing the key personal finance and tax changes that will come into force in 2026. Among the topics discussed by Kyle and interactive investor’s personal finance editor Craig Rickman are ‘fiscal drag’, the state pension, dividend tax increases, and inheritance tax (IHT) changes to AIM shares. The duo also share their thoughts on big changes taking effect from April 2027, namely the...

In our last episode of 2025, Kyle is joined by interactive investor’s head of markets Richard Hunter to look ahead to key drivers for stock markets in 2026. Richard shares reasons to be both bullish and bearish, and highlights three areas in the UK stock market that are piquing his interest. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.u...

This week, Kyle is joined by ii’s Dave Baxter to discuss key developments and trends impacting investment trusts. The duo run through why US activist investor Saba Capital is targeting the sector and which trusts it has in its sights. Kyle and Dave also explain the rise in trust mergers (including why a recent high-profile merger was abandoned), and why they are fans of the move by some trusts to...

Commodities has been one of the hottest investment areas of 2025, with both gold and silver prices  soaring. To explain why commodities are in a bull market, and to examine future prospects, Kyle is joined by Olivia Markham, co-manager of BlackRock World Mining Trust.  On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . K...

Kyle is joined by Craig Rickman to cover the personal finance contents of the famous red briefcase. The duo discuss the cut to the cash ISA allowance, reform to the Lifetime ISA, changes to pension salary sacrifice contributions, an extension to the freeze on income tax thresholds and higher dividend and savings tax rates. For more analysis, check out our Autumn Budget 2025 hub . On The Money is a...

The latest episode of On The Money covers key trends in the latest edition of the ii Top 50 Fund Index (Q3 2025), which ranks the most-bought funds, investment trusts and ETFs among ii customers. Kyle and senior fund content specialist Dave Baxter discuss Fundsmith Equity’s exit from the index, why some investors prefer China over India, how to reduce US concentration risk, and the rise of value-f...

In this episode, the focus is on healthcare, a sector with enduring appeal. Joining Kyle to explain the key long-term trends he’s tapping into is Jamie Douglas, manager of Polar Capital Global Healthcare Trust. Douglas discusses ageing populations, and innovation by companies responding to medical needs, and also addresses performance and political risk. On The Money is an interactive investor (ii...

In this episode, Kyle is joined by Julian Bishop, manager of Brunner Investment Trust, to discuss US tariffs, including whether stock markets have become complacent to the risk following a strong spell of performance over the past six months or so.   While US tariffs played a big part in significant stock market falls earlier this year, Bishop points out that artificial intelligence (AI) now poses...

We’re now less than a month away from Chancellor Rachel Reeves delivering this year’s Budget. As ever, there have been plenty of rumours regrading the contents of the famous red briefcase, with reform mooted for both pensions and ISAs. To discuss what to potentially expect, Kyle is joined by Craig Rickman, personal finance editor at interactive investor. The duo also debate the fiscal black hole,...

With various stock markets and assets, including gold, reaching or close to record highs, investors who’ve failed to get in on the rallies may be concerned that they’ve missed the boat. However, one area of the market that’s lagged, but is still a source of cheap valuations, is UK smaller companies. In our latest episode, Kyle asks Artemis fund manager Mark Niznik to run through the three rules he...

This week’s episode examines the dilemma of whether to run a winner or take some profits from an investment that’s performed well.   Joining Kyle to offer his expert insight is Richard Hunter, head of markets at interactive investor. The duo discuss fear of missing out (FOMO), top slicing, position sizing, and much more.   The idea for this episode came from a listener email. Have you got a topic...

Our latest episode – our 150th – tackles the dilemma retirees face over how much money to take out of their pensions, while trying to ensure their lifetime savings last as long as they do. The famous strategy is the 4% rule, which has recently been renamed the 4.7% rule. To explain all you need to know about this rule, including why it has its critics, Kyle is joined by interactive investor’s pers...

The focus for this episode is where investors can look for potentially undervalued opportunities. Kyle is joined by Michael Field, chief equity market strategist at Morningstar, who explains why three sectors stand out from the crowd, and outlines share examples. The episode also covers the danger of potential ‘value traps’. On The Money is an interactive investor (ii) podcast. For more investment...

Kyle is joined by fund manager Jean Roche to discuss how she attempts to find top-performing ‘multi-bagger’ stocks. While it’s rare for a company to deliver a four or fivefold return, let alone become a 10-bagger stock, Roche explains how she detects signs of a potential winner. Roche, who manages the Schroder UK Mid Cap Fund, an investment trust, also reflects on firms she invested in that went o...

In this episode, Kyle and colleague Craig Rickman focus on interactive investor’s market-leading Great British Retirement Survey. Kyle and Craig home in on four of the key findings and discuss ways in which these issues could be addressed. The topics covered include lack of confidence in the pensions system, lack of financial knowledge, pension gaps for women, divorcees and the self-employed, and...

Following a number of listeners getting in touch over the summer, we’ve dedicated this episode to answering your questions. Kyle is joined by Craig Rickman, ii’s personal finance editor, to tackle questions related to investments and pensions. We kick off by asking whether record stock market highs are a concern.   Below are links to recent articles that Kyle mentions in the episode:   Should you...

Returning following a two-week break, Kyle is joined by colleague Sam Benstead for this episode. The duo run through what private investors should look for when researching funds. Topics discussed include charges, the trap of performance chasing, how to identify funds that take significant active bets, and the importance of not buying too many funds in the same sector.  On The Money is an interact...

The sharp stock market sell-off earlier this year served as a reminder that volatility is par for the course in investing. During such periods, defensive growth businesses are expected to hold up better than those that are more cyclical and sensitive to economic cycles. In this episode, Kyle speaks to James Thomson, lead manager of Rathbone Global Opportunities fund. Part of the fund is devoted to...

Most investors will have a sizeable weighting to the US stock market, particularly those who own global index funds or ETFs, which have weightings of around 70% to US companies. Some active global fund managers go against the crowd by holding less in the US, including James Harries of STS Global Income & Growth Trust. James explains why over a quarter of the portfolios invested in UK shares, a...

Over the past decade, Asia-Pacific companies have become more dividend friendly. This episode examines that trend, with the region arguably an overlooked one for generating income and generally seen as more of a growth play. Joining Kyle to discuss this topic is Isaac Thong, manager of Aberdeen Asian Income Fund, an investment trust. On The Money is an interactive investor (ii) podcast. For more i...

In this episode, Kyle is joined by interactive investor’s Sam Benstead to examine key trends among the 50 most-popular funds, investment trusts and exchange-traded funds (ETFs) in the second quarter of 2025. Among topics discussed are the types of funds investors are favouring to ‘own the market’, why interest in US funds is cooling, the investment trust sector attracting income-seeking investors,...

Kyle is joined by Craig Rickman, personal finance editor at interactive investor, to cover the key personal finance announcements made by Chancellor Rachel Reeves in her Mansion House speech this week. The duo examine the government’s ambition to turn Britain into a nation of investors, the news that further changes to ISAs are being considered, and the omission of new pension reforms in the speec...

The Asia-Pacific region is an adventurous area that can potentially add spice to a portfolio. Joining Kyle to share his outlook on the region and talk through how he aims to strike a balance between risks and opportunities, is Doug Ledingham, manager of Pacific Assets Trust. Doug explains why the investment trust has been increasing exposure to China, offers his view on India, and discusses other...

We’re halfway through the year and for investors it has been very eventful. This week’s episode takes a look back at key trends that have played out so far. Joining Kyle to help unpick it all is interactive investor’s Sam Benstead. The duo give their take on the investment lessons from the US tariffs causing stock markets to slump in the first quarter, talk through trends within the funds industry...