In this final episode of 2025, Matthew and Joe tackle the most frequently asked questions about retirement planning and pensions.
Topics include:
- Tax efficiency when drawing smaller pensions
- Gifting from income vs. capital
- UFPLS and tax-free cash strategies
- Flexi-access drawdown mechanics and practical tips
- Consolidating pensions for simplicity
- Investment choices and lifestyle funds
- Bridging the gap before pension age
- Death benefits and inheritance planning
Packed with practical insights and real-world examples, this episode helps you make informed decisions for a confident retirement.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
Thinking about gifting this festive season? In this episode of Retire Well, Matthew and Joe break down everything you need to know about tax-efficient gifting and inheritance tax planning. From annual allowances and small gift exemptions to gifts out of surplus income and trusts, we cover the rules, pitfalls, and practical tips to help you plan wisely.
What you’ll learn:
What counts as a gift for tax purposes
Annual gifting allowance and small gift rules
Special occasion allowances (weddings, etc.)
Gifts out of surplus income and why documentation matters
Potentially Exempt Transfers (PETs) and the 7-year rule
Chargeable Lifetime Transfers and trusts explained
Common mistakes and how to avoid them
Why professional advice is crucial for large gifts
Whether you’re planning to help family now or reduce your future inheritance tax bill, this episode is packed with insights to make your gifting strategy smarter.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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Email us: retirewell@wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
Join Matthew and Joe as they unpack the latest UK Budget and what it means for your personal finances. In this episode, we cover:
✅ Key announcements and surprises from the Budget
✅ Pension updates – tax-free cash, salary sacrifice limits, and state pension changes
✅ Tax tweaks on dividends, savings, and rental income
✅ ISA reforms and what they mean for savers and investors
✅ Inheritance tax, mansion tax, and other big changes
✅ Electric vehicle taxation and more
Whether you’re planning for retirement or just want to stay informed, this episode gives you practical insights and expert commentary on how these changes could impact your financial future.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
Thinking about combining your pension pots? In this episode of Retire Well, Matthew and Joe dive deep into the pros and cons of pension consolidation and highlight the traps that could cost you thousands if overlooked.
From understanding investment choices and hidden fees to safeguarding valuable guarantees like protected tax-free cash and annuity rates, we cover everything you need to know before making a move.
Plus, we explain jargon like “in-specie transfers,” discuss the upcoming pension dashboard, and share practical steps for consolidating pensions safely. Whether you’re planning for simplicity in retirement or chasing better performance, this episode will help you make informed decisions and avoid common mistakes.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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TALK TO US
Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe dive into the essential financial planning considerations for unmarried couples. With cohabiting couples now the fastest-growing family type in the UK, it's more important than ever to understand how to protect your wealth, property, and loved ones.
They cover:
Whether you're in a long-term relationship, a second partnership, or simply exploring your options, this episode is packed with practical advice to help you plan with confidence.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe tackle inheritance tax through five real-life case studies, exploring how upcoming changes — including pensions being pulled into the estate from 2027 — could affect your financial legacy. They break down key planning strategies for couples, single professionals, and retirees, covering gifting rules, trusts, pension death benefits, discounted gift trusts, and more. Whether you're looking to protect your estate, support your children or grandchildren, or simply understand the rules better, this episode offers practical insights to help you plan with confidence.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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TALK TO US
Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe tackle one of the most common — and complex — retirement questions: How do you know when you have enough? From the 4% rule to cash flow modelling, they explore practical strategies and psychological factors that influence retirement readiness. Whether you're decades away or already considering the leap, this episode offers valuable insights into:- Setting realistic retirement targets- Understanding sustainable withdrawal rates- Balancing financial security with lifestyle goals- Managing risks like inflation, market volatility, and care costs- The importance of flexibility and memory dividends in retirement planningTune in for real client stories, expert advice, and thoughtful discussion to help you define your own “enough.”Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe tackle one of the most common — and complex — retirement questions: How do you know when you have enough? From the 4% rule to cash flow modelling, they explore practical strategies and psychological factors that influence retirement readiness. Whether you're decades away or already considering the leap, this episode offers valuable insights into:Setting realistic retirement targetsUnderstanding sustainable withdrawal ratesBalancing financial security with lifestyle goalsManaging risks like inflation, market volatility, and care costsThe importance of flexibility and memory dividends in retirement planningTune in for real client stories, expert advice, and thoughtful discussion to help you define your own “enough.”Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe unpack the complexities of equity release — a financial tool that’s shedding its former stigma and gaining traction among retirees. They explore how equity release can support income needs, fund home improvements, or reduce inheritance tax liabilities, while also highlighting the psychological and practical considerations involved. From lifetime mortgages to home reversion plans, they break down the options, discuss the risks, and stress the importance of involving family and seeking regulated advice.
Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.
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TALK TO US
Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe explore the evolving landscape of retirement planning, focusing on the rise of blended retirement strategies. From full retirement to phased and flexible approaches, they unpack how pension freedoms, annuities, defined benefit schemes, and state pensions can be combined to create a tailored retirement plan.
They also dive into:
The pros and cons of early retirement
How to bridge income gaps before state pension age
The role of ISAs, cash buffers, and company shares
Why flexibility and diversification are key to long-term financial wellbeing
Whether you're planning to retire soon or just starting to think about it, this episode offers practical insights to help you make informed decisions and retire with confidence.
📩 Got a question or scenario you'd like us to cover? Email us at retirewell@wealthadvice.co.uk or leave a comment below.
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TALK TO US
Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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SUBSCRIBE TO OUR NEWSLETTER
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this special Q&A edition of Retire Well, Matthew and Joe tackle some of the most frequently asked retirement questions from listeners. From tax-free cash and pension contributions to estate planning and inheritance tax, they break down complex topics into clear, actionable advice. Whether you're approaching retirement or already navigating it, this episode offers valuable insights to help you make informed decisions and avoid common pitfalls.
📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk
🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.
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TALK TO US
Call us: 0191 384 1008
Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe dive into the complexities of retirement budgeting. They explore how spending habits shift in retirement, the importance of distinguishing between essential and discretionary expenses, and how to plan for unexpected costs like healthcare or family support. With real client stories and practical advice, this episode is a must-listen for anyone approaching retirement or refining their financial plan. Plus, they answer a listener’s question on helping children with tuition fees and housing deposits—without compromising your own retirement security.
📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk
🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe explore one of the most important — and often misunderstood — aspects of retirement planning: how to choose the right investment strategy for your pension and long-term goals.They cover:- Understanding your personal goals: income, growth, or legacy?- The “Risk Triangle”: need, capacity, and willingness to take risk- Sequencing risk and how to protect against it- Asset classes explained: equities, bonds, cash, property, and alternatives- Active vs. passive investing — which is right for you?- Multi-asset funds vs. specialist fund managers- Tax wrappers: pensions, ISAs, and how to invest tax-efficiently- Behavioural psychology and the value of financial adviceWhether you're approaching retirement or just starting to build your pension, this episode is packed with practical insights to help you invest with confidence.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe dive deep into one of the most topical financial planning issues today: Inheritance Tax (IHT) and how changes to pension legislation could impact your estate.
They explore:
- The implications of pensions being included in your estate for IHT
- The 7-year rule and gifting strategies
- How rising house prices and frozen tax bands are pulling more people into the IHT net
- Smart ways to pass on wealth tax-efficiently using pensions, trusts, life insurance, and surplus income
- Real-life examples of multi-generational planning
- Why reviewing death benefits and pension structures is crucial
Whether you're planning for retirement or thinking about your legacy, this episode is packed with practical insights and actionable advice.
📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk
🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.
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STEP BY STEP FOR ST CUTHBERT'S HOSPICE
The Wealth of Advice team is walking and running a collective 1,988km between 19th August and 19th September, honouring the year St Cuthbert’s Hospice was founded.
We’re aiming to raise £1,988 to support the incredible work the hospice does every day, providing compassionate care to those facing life-limiting illnesses in Durham.
Whether it’s a morning jog, weekend hike, or lunchtime stroll; every step counts.
To find out more and donate to the cause, visit our website at the link below:
https://www.wealthofadvice.co.uk/step-by-step-for-st-cuthberts-hospice
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe explore one of the most common questions in financial planning: Can I retire early? They unpack the financial and psychological aspects of early retirement, including how to bridge the gap before state pension age and what “retirement” really means today.
Topics include:
Listener question: Should I prioritise ISAs or pensions before state pension age?
📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk
🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.
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TALK TO US
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Email us: retirewell@wealthofadvice.co.uk
Website: www.wealthofadvice.co.uk
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Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe dive into how to build a flexible and resilient retirement plan that can adapt to changing circumstances—like inflation, interest rates, and unexpected life events.They explore:
Plus, they answer a listener’s question: “Should I reduce my equity exposure three years before retirement?”📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of Retire Well, Matthew and Joe dive into one of the most debated topics in retirement planning: property versus pensions.
Is investing in bricks and mortar really “as safe as houses”?
Or do pensions offer more flexibility, tax advantages, and peace of mind?
They explore:
Whether you're a seasoned landlord or just starting to think about retirement, this episode offers balanced insights to help you make informed decisions.
📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
Are you approaching retirement and wondering how to structure your income and investments? In this episode of Retire Well, Matthew and Joe dive deep into the retirement bucketing strategy; a powerful method to manage investment risk, sequencing risk, and ensure stable income throughout retirement.✅ Learn how to:- Build short-term, medium-term, and long-term investment buckets- Protect your retirement income from market volatility- Balance psychological comfort with financial efficiency- Use pensions, ISAs, annuities, and cash reserves effectively- Avoid common mistakes and make confident financial decisionsWhether you're newly retired or planning ahead, this episode offers practical advice and real client examples to help you retire with confidence.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
Are you approaching retirement age and wondering if you're truly ready. financially and psychologically? In this episode of Retail Well, Matthew and Joe dive deep into retirement planning for those around age 55, sharing real-life stories, expert insights, and common mistakes to avoid.✅ Learn about:The psychological vs. financial readiness for retirementDefined benefit vs. flexible pensionsThe Money Purchase Annual Allowance (MPAA) explainedWhy accessing your pension at 55 might not be possibleHow the state pension age and protected pension ages affect your plansTips on avoiding costly pension consolidation errorsWhether you're planning to retire early or just want to make smarter financial decisions, this episode is packed with actionable advice and retirement planning strategies.📬 Got questions? Drop them in the comments or email us at retirewell@wealthofadvice.co.uk for a chance to be featured in future episodes!--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.
In this episode of the Retire Well podcast, Matthew and Joe dive deep into the topic of redundancy planning and how it intersects with your pension and retirement strategy. With redundancy rates rising across the UK, it's more important than ever to understand your options—whether you're facing voluntary or compulsory redundancy.🔍 Topics Covered:What redundancy means for your pensionStatutory vs enhanced redundancy paymentsTax implications and planning opportunitiesUsing redundancy to transition into retirementSalary sacrifice and pension contributionsPsychological impact and lifestyle considerationsBenefits eligibility and NI contributionsListener Q&A: Can I use my pension after redundancy?💡 Whether you're approaching retirement or navigating a sudden career change, this episode offers practical advice and thoughtful insights to help you make informed decisions.📬 Got questions? Drop them in the comments or email us at retirewell@wealthofadvice.co.uk for a chance to be featured in future episodes!--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.