You are unauthorized to view this page. Username or E-mail Password Remember Me Forgot Password In this video: 00:00:00 - Intro 00:01:25 - Hi, I’m fairly new to the academy and hoping to get some insights and guidance here. Totally new to investing and left it a bit late. However I’m glad to have discovered Pete and the academy. I’ve been through the modules once and going to go through them again until I get a grasp on things. I’m 50 yrs old with no pension, so ‘squeaky bum time’. I obviously need to implement a more aggressive plan (10 year minimum) I have savings I’d like to invest at the moment but I’m totally clueless as where to start. I know Pete can’t give specific advice but I believe there might be a popular fund among the members here that Pete ‘might’ agree with. Any help and guidance is massively appreciated. 00:05:23 - I am a lower rate tax payer. The basic Income Tax rate is currently 20% and when I contribute to a SIPP I get 20% tax relief on my contribution. With the announcement that basic rate of Income Tax will drop to 19% (in England, Wales, Northern Ireland), then will that mean tax relief on pension contributions will also be reduced? 00:06:33 - Hello Pete Matthew please can you give me some top tips on how I can persuade my parents and in-laws (all in their 70s) to complete power of attorney forms for both financial and health & welfare. They all believe that it's a waste of time and money and they are all very happy to leave it to their children to sort out... eg me! Thanks! 00:09:02 - Good evening Pete. When drawing off savings in retirement i.e Cash / Shares / ISA & SIPP . I believe it is best to withdraw from SIPP last for Inheritance tax purposes is this correct ? and what are those tax benefits if this is correct. Thank you. 00:12:14 - Any thoughts on Bond / Equity balance i.e 60/40 80/20 and 100 % Equity, if funds not required for 2-5 years in current & possible future financial climate ? i.e if not risk adverse changing 80/20 to 100 % equity ? Thank you 00:14:37 - Just one more Pete from Alex. I have now retired before receiving state pension 😀 what do I " need to know " and " need to do " regarding N.I & tax forms etc ? Thank you again. 00:16:37 - Evening Pete! In the context of the week's... 'developments' (thanks Kwasi), should we consider repositioning away from the UK-heavy Vanguard LS funds? 00:20:23 - This question may be helpful for a potential uUtube video, as I could not find any videos on this subject matter. Suppose you are fortunate enough to accumulate a pension which is getting close to the lifetime allowance (in, say, the next year or so) but hope to continue working for a further few years. In that case, it is highly probable that the LTA will be exceeded with further pension contributions and growth. Whilst that's a great problem to have, based on the projected timeline to retirement (say five to ten years), would it be sensible to reduce your pension contributions? Suppose you could also get your employer's pension contribution to be paid into your salary, which is intentionally invested (outside the pension). Is this a sensible route to consider and use this intentionally to invest in ISA/spouse pension? The way I see it, you're going to pay tax one way or another; if you put this into an ISA and your spouse's pension, you're still investing for your retirement. What's uncle's Pete view? 00:24:44 - Regarding EIS, I have previously invested in these to reduce the yearly tax bill by 30%. However, whilst most of the holdings are still operational, I have never received any investment return. Are you aware of any EIS success stories 00:30:14 - Speaking of interest rate rises... what are the effects of this outside of the obvious loan/mortgage rates. E.g. any link to inflation, bond & stock performance etc? 00:33:45 - Pete talks about his health. Prev LessonNext Lesson