Merryn Talks Money

<p>Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.</p>

How Does the UK Pension Drawdown Work?

Hosts Merryn Somerset Webb and John Stepek speak with Bloomberg Opinion columnist Stuart Trow, author of “The Bluffer’s Guide to Economics,” about pension drawdown, which is a way to access your pension income when you retire while leaving the rest invested. Trow tackles how it works and offers suggestions on how best to manage it.  SPECIAL ANNOUNCEMENT: Merryn is getting her own newsletter. Sign up here: https://www.bloomberg.com/account/newsletters/merryn-talks-moneySee omnystudio.com/listener for privacy information.

11-19
30:53

Why AI-Driven Productivity Is a Decade Away in the UK

Economist Diane Coyle, currently the Bennett professor of public policy at the University of Cambridge, analyzes artificial intelligence’s potential economic impact—from people’s jobs to their productivity—on this week’s episode of Merryn Talks Money. Merryn is getting her own newsletter. Sign up here: https://www.bloomberg.com/account/newsletters/merryn-talks-moneySee omnystudio.com/listener for privacy information.

11-15
32:57

Everybody Relax. We're Talking About Crypto.

In this week's roundup, Merryn and Money Distilled newsletter author John Stepek discuss the latest Bitcoin boom in the wake of Donald J. Trump’s confirmation as President Elect. Is there more room for Bitcoin, Dogecoin, and other cryptocurrencies to rise? What headwinds are in store? And how much Bitcoin do Merryn and John own? SPECIAL ANNOUNCEMENT: Merryn is getting her own newsletter. Sign up here: https://www.bloomberg.com/account/newsletters/merryn-talks-moneySee omnystudio.com/listener for privacy information.

11-13
21:11

Is There a Smarter Way to Pay Your Taxes?

In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss a listener question about whether setting up a limited liability company is a good strategy to save on taxes in the UK. See omnystudio.com/listener for privacy information.

11-12
18:19

Why Trump’s Victory Is Musk’s ‘Tech-Bro Coup’

On this episode of Merryn Talks Money, we discuss what the Republican’s second term means for the US, the UK and the Tesla CEO. Pippa Malmgren, economist, author and former adviser to Republican President George W. Bush and Helen Thomas, founder and chief executive of BlondeMoney join. They also discuss what UK-US relations will look like under Trump, how Britain’s exit from the European Union highlights the importance of the “special relationship” and how investors can profit from likely policy changes under the new US government—which includes the case for buying Bitcoin. See omnystudio.com/listener for privacy information.

11-08
43:57

A Dose of Cynicism from John and The Case for Becoming a Barrel Maker

In this week's roundup, Merryn and Money Distilled newsletter author John Stepek chat about the unsurprising Bank of England decision to cut the UK's key interest rate to 4.75%. And they discuss the increase in the cost of university fees and once again explain why the student loan system is so broken. See omnystudio.com/listener for privacy information.

11-07
14:49

DC and DB Pension Schemes: What They Are and How They Work

In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss a listener question about the difference between UK defined benefit and defined contribution pensions. The listener, Mustafa, said he originally had a defined benefit pension but has since moved over to a defined contribution scheme. He wants more information about each of the pension types and is starting to question the change. Webb and Stepek help him understand the pros and cons of each scheme and make it very clear what they might prefer for their own pensions.See omnystudio.com/listener for privacy information.

11-05
18:23

Live Event: What Did Rachel Reeves Risk With Her First Budget?

In a live-recorded episode of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek are joined in London by Bloomberg Head of Economics and Government Stephanie Flanders and former UK Office for Budget Responsibility (OBR) Chief of Staff Andy King to discuss the first budget presented by Chancellor of the Exchequer Rachel Reeves.  See omnystudio.com/listener for privacy information.

10-31
52:57

What Japan’s Angry Voters Mean for Your Money and Falling Fertility

In this week's roundup, Merryn is back with Money Distilled newsletter author John Stepek. They focus on Japan. There was an election on Sunday that left the country without a clear winner for the first time since the 1990s. They discuss what that means for the world’s fourth-largest economy-- what it could mean for markets. They also discuss fertility rates in both Japan and the UK.  Last chance to register:  Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here: https://go.bloomberg.com/attend/invite/merryn-talks-budget/  See omnystudio.com/listener for privacy information.

10-30
18:02

The Best Way to Handle UK Student Debt

In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek answer a question from listener Hugo. He’s in his twenties and wondering what financial strategy graduates like him might find the most rewarding—from buying a house to investing in the equity market. Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here:https://go.bloomberg.com/attend/invite/merryn-talks-budget/See omnystudio.com/listener for privacy information.

10-29
16:35

Why Everything You Think You Know About Money Is Wrong

Author and economist David McWilliams joins Merryn to discuss his latest book Money: A Story of Humanity, and how the evolution of currency is central to the rise and fall of civilizations.See omnystudio.com/listener for privacy information.

10-25
36:12

Gold’s Record-Breaking Run and Geopolitical Conspiracy Theories

In this week's roundup, Money Distilled newsletter author John Stepek is joined once again by Bloomberg Opinion's Marcus Ashworth to talk macro themes. They tackle gold’s inexorable rise, oil's fall, and more on the bond market. REMINDER: Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here: https://go.bloomberg.com/attend/invite/merryn-talks-budget/  See omnystudio.com/listener for privacy information.

10-23
15:14

How UK Parents Should Be Saving for Their Children

Hot on the heels of last week’s personal finance edition of Merry Talks Money, where we discussed Lifetime Individual Savings Accounts, or ISAs, this episode of Merryn Talks Your Money takes on a different type of vehicle: Junior ISAs. Merryn and John Stepek dive into what these UK-unique savings products are and what exactly British investors are buying into when they open one.  Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here: https://go.bloomberg.com/attend/invite/merryn-talks-budget/See omnystudio.com/listener for privacy information.

10-22
13:33

Listen Now: The Deal with Alex Rodriguez and Jason Kelly

When sports, business and culture collide, there’s often a deal to be made. Join Alex Rodriguez and Bloomberg correspondent Jason Kelly as they get the inside track from corporate titans, sports champions and game-changing entrepreneurs on investing, strategy, reinvention and the ones that got away. The Deal is a Bloomberg Podcasts and Bloomberg Originals series that’s passionate, relaxed, insightful and inspirational. If you think you know these icons, prepare to be surprised.See omnystudio.com/listener for privacy information.

10-20
01:35

How Investors Should Approach The US Election with Liz Ann Sonders

“This has been an incredibly unique cycle, both in terms of the economy and the market,” says Liz Ann Sonders, managing director and chief investment strategist at Charles Schwab, on this week’s episode of Merryn Talks Money. “Maybe that’s the ultimate understatement.” Sonders joins Merryn Somerset Webb to discuss what is and isn’t driving such turbulent markets—from Mother Nature “wreaking havoc” with inflation data to artificial intelligence’s promised productivity spur—and how investors can navigate the turmoil.  Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here: https://go.bloomberg.com/attend/invite/merryn-talks-budget/See omnystudio.com/listener for privacy information.

10-18
37:07

Employer NICs Drama and The UK Inflation Slide

In this week's roundup, Merryn speaks to Money Distilled newsletter author John Stepek about what it means if the government increases employers' national insurance contributions in the autumn budget. Plus, the latest price data came in well below target, but John explains why a lot of that was due to one volatile component. Join us at Bloomberg on Oct. 31, the morning after the Budget, for a taping of the podcast in front of an audience. Register here: https://go.bloomberg.com/attend/invite/merryn-talks-budget/    See omnystudio.com/listener for privacy information.

10-16
19:45

Using a Lifetime ISA to Get on the London Housing Ladder

On this personal finance edition of Merryn Talks Money, our hosts discuss Lifetime ISAs and their usefulness in buying a home.See omnystudio.com/listener for privacy information.

10-15
14:50

How This Fund Manager Finds ‘Diamonds in the Dust’

Don’t meet with management, ignore narratives and avoid highly rated businesses—taken together that sounds like a recipe for fund failure. But for Sean Peche, founder and portfolio manager at Ranmore Fund Management Ltd., it’s how he’s consistently outperformed benchmark indices. His Ranmore Global Equity Fund outperformed the MSCI World Index in 2022 and 2023. He joins Merryn this week to talk about his strategy and his market outlook. (Earlier podcast summary incorrectly identified the fund as a hedge fund. It is a long only fund.) See omnystudio.com/listener for privacy information.

10-11
35:29

A Discomforting Signal From the UK Bond Market and Budget, Budget, Budget!

In this week's roundup, Money Distilled newsletter author John Stepek is joined by Bloomberg Opinion columnist Marcus Ashworth. They discuss the UK bond market, particularly the fact that UK 10-year yields are back above those of the US, what signal that sends and what's behind UK borrowing costs going up.See omnystudio.com/listener for privacy information.

10-09
19:16

How Safe Is Your Pension Pot?

On this personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss diversifying your UK pension.    They lay out scenarios in which your pension could be at risk, and the extent to which it would be protected by the Financial Services Compensation Scheme. And it’s not just important for pensions: these should be considerations for anyone with investments in passive funds and individual savings accounts (ISAs), Webb and Stepek say. Also on this episode, they tackle monitoring your broker’s solvency and how to gauge whether you would have “political protection” should they go bust. See omnystudio.com/listener for privacy information.

10-08
13:24

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