Podcast Ep 519 - A guide to long-term asset funds & Trusts explained

In this week's podcast, Damien takes a look at Long-Term Asset Funds (LTAFs). With the news that Hargreaves Lansdown will allow retail investors to access these types of funds from next week, Damien explains how they work and why investors should remain cautious. Next, he provides an overview of trusts, explaining how they can be used effectively before highlighting the potential pitfalls.

Check out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show - https://moneytothemasses.com/news/pod...

00:00 - MTTM Podcast Episode 519
01:39 - Long Term Asset Funds (LTAFs) Explained
04:52 - Liquidity and Investment Risks of LTAFs
08:30 - Comparing LTAFs with Investment Trusts
10:25 - Practical Considerations for Investors
11:10 - Conclusion on LTAFs and Future Outlook
11:58 - Understanding Trusts: Types and Definitions
13:49 - Reasons for Setting Up Trusts
14:45 - Pitfalls and Risks of Trusts
19:12 - Real-World Example: Angela Rayner's Trust Mistake
20:13 - Navigating Trusts and Seeking Expert Advice

🔗 Resources mentioned in this week's show:

Get qualified advice from Unbiased - https://moneytothemasses.com/redir/un...

Get qualified advice from Vouchedfor - https://moneytothemasses.com/find-loc...

Inheritance tax (IHT) on taper relief explained - https://moneytothemasses.com/tax/inhe...

Avoid the 14 year IHT trap - https://moneyweek.com/personal-financ...

Try the new AI guidance tool 'DaMoney' - Ask it any money question - https://damoney.ai/

Subscribe to our Newsletter - https://moneytothemasses.com/weekly-n...

---------------------------------------------------------------------------

Since 2010 Money to the Masses has been helping people with their personal finances for FREE. Money to the Masses is one of the UK’s leading independent personal finance websites specialising in all aspects of financial planning including investments, pensions, property, insurance, mortgages, budgeting and saving. We bring together expertly written content, interactive tools and technology to help over 4 million people a year across our platform.

If you are looking to get your finances in shape then check out Damien's FREE Money MOT at https://mot.moneytothemasses.com/

---------------------------------------------------------------------------

Follow Money to the Masses on social media:

Website - https://moneytothemasses.com/
Facebook -   / moneytothemasses  
Instagram -   / moneytothemasses  
Twitter -   / money2themasses  

#personalfinance #moneytips #moneypodcast