WealthTalk - money, wealth and personal finance.

This week marks a major milestone for WealthTalk as Christian Rodwell and Kevin Whelan celebrate the 300th episode of the podcast. The duo reflect on six years and seven months of weekly episodes, share key listener stats, and discuss how WealthBuilders has evolved—and where it’s headed next. They highlight the importance of family, recurring income, and legacy, and preview upcoming changes in content and focus, including the impact of new inheritance tax rules and the growing relevance of women in wealth. Listeners are invited to join the conversation, share feedback, and help shape the future of WealthTalk.

Key Topics Covered

• Celebrating 300 Episodes:
  • Launched in February 2019; over six years of consistent weekly content.
  • Gratitude to loyal listeners, including some who have listened to every episode—twice!
• Top 3 Most Downloaded Episodes:

1. How to Create a Family Trust Fund (Ep. 122, with Paul Brooks)
2. From Zero to £20,000 a Month – A Property Journey (with Heather Smale)
3. The Seven Pillars of Wealth (Kevin’s book and framework)

• WealthBuilders Philosophy:
  • Wealth is about more than money: it’s about family, recurring income, community, and legacy.
  • The importance of holistic and family-oriented financial planning, not just individual advice.
  • Moving away from siloed, percentage-based advice toward fixed, results-driven fees.
• Looking Ahead:
  • Upcoming focus on inheritance tax changes and their impact on families (April 2027).
  • Plans for a new guide and waitlist for those affected: wealthbuilders.co.uk/iht.
  • Increasing attention to women and wealth, especially in light of the generational wealth transfer.
  • Embracing technological change: AI, digital currencies, and the evolving financial landscape.
• Community & Feedback:
  • Listeners encouraged to provide feedback, suggest topics, and leave reviews (wealthbuilders.co.uk/reviews).
  • Plans to feature more case studies, topical content, and diverse presenters.
• Legacy & Future Direction:
  • WealthBuilders aims to help clients create, build, protect, and pass on wealth and wisdom.
  • Focus on family charters, values, and genuine legacy planning for future generations.

Practical Tips

• Review Your Family’s Financial Planning:
  • Consider collective strategies for savings and investments to maximise benefits and reduce costs.
• Plan for Inheritance Tax:
  • Stay informed about upcoming changes and take early action to protect your family’s legacy.
• Get Involved in the Community:
  • Share your feedback, ask questions, and let the WealthBuilders team know what topics matter most to you.
• Leave a Review:
  • Help WealthTalk reach more people by leaving a quick review on your favourite platform.

Links & Resources

• Join the Inheritance Tax Guide Waitlist
• Leave a Review

Top 3 Most Downloaded Episodes:

1. WT122 - How To Create A Family Trust Fund  - SSAS Pensions, what WB are well know for, and also Family direction
2. From Zero to £20k/month w/ Heather Smail - interviewing successful entrepreneurs across business, property and investing
3. [Bonus] AudioBook: The 7 Pillars of Wealth, Kevin Whelan - the core IP of WealthBuilders, taught in the Academy which we launched at the same time as the podcast early 2019

• Seven Pillars of Wealth Book

Quotes

• “Wealth is not just about money—it’s about family, recurring income, and legacy.”
• “There’s a lack of wisdom being transferred to the next generation. We want to change that.”
• “Confused minds are the very fuel for a financial industry that tries to keep people in the dark. We want to bring clarity.”

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this episode, Christian Rodwell speaks with Tracy Hilliard about the unique challenges women face on the journey to financial independence. Tracy shares her personal transformation—from financial insecurity to independence in under five years—and discusses the societal, educational, and confidence-related barriers that often hold women back. The conversation also introduces the WealthBuilders for Women programme, designed to provide tailored support, education, and community for women ready to take control of their finances.

Key Topics Covered

• Why Wealth-Building is Different for Women
  • The impact of societal expectations and traditional roles
  • Lack of confidence and financial education
  • The gender pay and pension gaps, and their long-term effects
• Barriers to Financial Independence
  • Gender pay gap: women earn on average 13% less per hour
  • Pension gap: women’s average pension pot is less than half men’s (£39k vs £84k)
  • Women typically live longer, requiring more financial security in later life
• Tracy’s Wealth Journey
  • Started with limited financial knowledge and confidence
  • Used the WealthBuilders process: mapped assets, consolidated pensions, and diversified investments (stocks, crypto, property)
  • Achieved financial independence in under five years by focusing on asset income and recurring revenue
• Lessons for Women in Wealth
  • The importance of taking stock: knowing where your money and assets are
  • Building confidence through education and community support
  • Simple steps like setting up ISAs and writing wills
  • The power of learning from others and asking questions in a supportive environment
• Introducing WealthBuilders for Women
  • A new programme in development, led by Tracy, focused on education, support, and connection
  • Designed for women, shaped by women’s input and needs
  • Waitlist now open: no commitment, just an opportunity to express interest

Practical Takeaways

• Take stock of your finances: list your assets, pensions, and savings
• Don’t be afraid to ask “basic” questions—education is key
• Use tax-efficient investment vehicles like ISAs, even with small amounts
• The right community can boost your confidence and accelerate your results
• Writing a will is a simple but crucial step for protecting your wealth and family

Call to Action

If Tracy’s story resonates with you and you’d like to be part of a supportive community focused on women’s wealth-building, join the waitlist for the WealthBuilders for Women programme.

No cost, no commitment—just the first step towards your financial independence.

Resources Mentioned:

• Join the Waitlist: WealthBuilders for Women

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this week’s episode, we take a new approach—using AI to debate and unpack Kevin Whelan’s “The 7 Pillars of Wealth: Your Guide to Complete Financial Independence in the 21st Century.” Drawing on the WealthBuilders philosophy, we explore the actionable blueprint for building lasting wealth, why the old rules no longer work, and how anyone can start their journey to financial independence—regardless of their starting point.

Key Topics Covered:

• The 21st Century Wealth Paradigm
  • Why wealth-building today is about more than just accumulating money
  • The shift from individual to collaborative wealth creation
• Kevin Whelan’s Blueprint: The Pantheon Analogy
  • The structure: a solid foundation, seven pillars, and a protective roof
  • The guiding principle: Never let a month go by without building wealth
• The Foundation: Financial Smartness
  • Four key areas:
    • Debt smart: Manage or eliminate debt strategically
    • Tax smart: Use tax advantages legally and intelligently
    • Bill smart: Optimise regular expenses to free up capital
    • Sure smart: Protect your plan against the unexpected
• The Roof: The Three L’s
  • Legal: Wills, trusts, and asset ownership
  • Legacy: Passing on wealth and purpose
  • Legend: Sharing financial wisdom to build an enduring legacy
• The 7 Pillars of Wealth

1. Home Equity – Leveraging your home as an asset, not just a liability
2. Pensions – Unlocking the power of pensions for current and future wealth
3. Investments – Building confidence and protecting against market volatility
4. Property Portfolio – Beyond buy-to-let: creative property strategies
5. Business – Working on your business, not just in it, for maximum ROI
6. Intellectual Property – Monetising your ideas and expertise
7. Joint Ventures – The power of collaboration to accelerate wealth

• The New Financial Reality
  • The “triple whammy”: Demise of final salary pensions, unreliable state pensions, and low annuity rates
  • Why the next generation faces new challenges—and opportunities
• Mindset Shifts & Practical Steps
  • The importance of a personal “why” as your catalyst
  • The new declaration of financial independence: Seven core values for WealthBuilders
  • The three stages of asset income: Security, Independence, Abundance
• Common Traps and How to Avoid Them
  • The “five C’s”: Consumed, Capacity, Complexity, Confusion, Catalyst
  • Why a multi-pillar mentor and strategic plan are now essential

Practical Takeaways

• Every financial decision should move you closer to building wealth—there are no neutral choices.
• Identify your “financial independence number”: the monthly asset income you need for the life you want.
• Embrace collaboration—joint ventures can unlock exponential growth.
• Focus on legacy: True wealth is about passing on values and wisdom, not just money.
• Take action: Decide “how much, by when?” and commit to your own journey.

Resources Mentioned:

• Download 'The 7 Pillars of Wealth' eBook by Kevin Whelan

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this episode of WealthTalk, Christian Rodwell sits down with Paul Tinker, founder of the Construction Training Academy. Paul shares his journey from a disciplined career in the army to delivering over £300 million in construction projects and eventually launching a business focused on training and mentoring others in the property and construction sectors.

Paul uncovers the biggest overlooked opportunities in the industry—emphasising the importance of business acumen over technical skill, and the value of bridging the gap between property developers and construction professionals. He introduces his “CLARITY” framework for project pricing and management, which has helped clients dramatically increase their project values and professionalism.

Listeners will hear Paul’s practical insights on creating income streams beyond hands-on building, such as consulting, project management, and pre-construction services. He also discusses leveraging pensions for property investment, the critical role of mindset and community, and lessons learned from both failures and successes along his entrepreneurial journey.

Paul’s story is a testament to the power of systems, resilience, and the willingness to pass on knowledge to others. The episode wraps up with actionable advice for newcomers to property or construction, ideas for building recurring income, and details on how to connect with Paul and his thriving community.

Key Topics Covered

• Paul’s Background:
  • 14 years in the army, then corporate construction management
  • Delivered over £300 million in projects, 3,000+ refurbishments
  • Transitioned to entrepreneurship and training after seeing industry gaps
• Opportunities in Construction & Property:
  • The biggest opportunity is becoming business-savvy, not just skilled
  • The gap between property developers/investors and construction professionals
  • Importance of bridging business and compliance for better project outcomes
• Frameworks for Success:
  • Introduction to Paul’s “CLARITY” framework for project pricing and management
    • Complete inclusions, listed exclusions, assumptions, requirements, investment total, terms, and unique selling points
  • Real-world example: Client increased average quote from £3k to £158k using this approach
• Income Streams Beyond Building:
  • How to generate income in construction/property without being hands-on
  • Consulting, project management, pre-construction services, and working with estate agents
  • Leveraging pensions (SSAS) for property and business investment
• Mindset & Lessons Learned:
  • Mindset, courage, and strategy as the keys to success
  • Community and collaboration: Growing a 7,200+ member Facebook group
  • Learning from failures: The importance of market-testing before launching products
• Career & Life Lessons:
  • Discipline and process from the army applied to business
  • The entrepreneurial journey: From corporate to self-employed, overcoming setbacks
  • The importance of passing on knowledge and mentoring others
• Practical Tips for Newcomers:
  • Advice for those with capital but no time or experience:
    • Hire a project manager/consultant, or invest in education tailored to your learning style
  • How to select the right support and training for your goals
• Upcoming Events & How to Connect:
  • Free networking day: 30th August, Brecon Beacons
  • Retreat in Cyprus launching in 2027
  • Best place to connect: Construction Training Academy Facebook group

Actionable Takeaways

• Don’t just focus on skills—develop business acumen for long-term success
• Use structured frameworks for pricing and project management
• Explore recurring income streams like consulting and pre-construction services
• Leverage your pension for property investment opportunities
• Mindset and community are as important as strategy
• Always test demand before launching a new product or service

Resources Mentioned:

• Check out Paul Tinker’s website: https://www.constructiontrainingacademy.com/
• Connect with Paul on Facebook: https://www.facebook.com/constructionmasterclass
• Follow Paul on TikTok: https://www.tiktok.com/@paultinker
• Download the free Inheritance Tax Guide here: https://wealthbuilders.co.uk/IHT
• Take the Wealth Dynamics test here: https://www.wealthbuilders.co.uk/wealth-dynamics
• See if you qualify for a SSAS pension by filling out this form: SSAS Eligibility Form

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this episode, Christian and Kevin revisit the hot topic of the government’s proposed inheritance tax (IHT) changes affecting pensions from 2027. Following a surge in listener interest, they clarify what’s changed, who’s now responsible, and what practical steps listeners must take to protect their wealth and family.

Key Discussion Points:

• Background:
  • The government plans to tax pensions on death, a major shift from past policy.
  • The responsibility for reporting and paying this tax will now fall on personal representatives (executors), not financial services companies.
• Why This Matters:
  • Most executors are chosen for trust, not financial knowledge.
  • Executors are now legally liable for getting it right – mistakes could mean personal financial penalties.
• Practical Risks:
  • Many people don’t know where all their pensions are or which are taxable.
  • Appointing a professional executor (like a bank) could cost families a significant portion of their inheritance, sometimes unnecessarily.
• Action Steps:
  • Review your will and your choice of executors.
  • Ensure your executor is financially savvy or has access to professional advice.
  • Consolidate pensions where sensible for simplicity and clarity.
  • Avoid defaulting to professional institutions as executors without understanding the costs.
• WealthBuilders’ Support:
  • WealthBuilders is creating two practical guides:
    1. For those making a will (how to choose an executor)
    2. For executors (what their new responsibilities entail)
  • Guides will be available soon at wealthbuilders.co.uk/IHT and wealthbuilders.co.uk/executor
• Final Advice:
  • Awareness is key: know your assets, your will, and your executor’s readiness.
  • Take action now—don’t wait until it’s too late.

Call to Action:

• Sign up for the forthcoming guides at wealthbuilders.co.uk/IHT
• Review your will and executor choices
• Share this episode with anyone who has a pension and a family
• Contact WealthBuilders with questions or to book a call via the website

Resources Mentioned:

• Download our free guide on inheritance tax changes for pensions: wealthbuilders.co.uk/IHT 
• Be the first to access our upcoming Guide for Executors — register your interest here: wealthbuilders.co.uk/executor
• Catch up on WealthTalks episode on IHT changes: How to Protect Your Pension from Inheritance Tax Changes Coming in 2027

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this episode, Christian Rodwell welcomes Chris Spratling—seasoned entrepreneur, advisor, and author of “The Exit Roadmap: The Insider’s Guide to Selling Your Business Profitably.” With over 30 years’ experience in scaling, buying, and selling businesses, Chris shares vital insights on preparing for a successful business exit, maximising value, and planning for life beyond the sale.

Key Topics & Takeaways

• Chris’s Background & Relationship with WealthBuilders
  • Over 30 years’ experience in business exits and scaling
  • Longstanding collaboration with Kevin Whelan and the WealthBuilders community
• The Seven Pillars of Wealth & Business as a Pillar
  • Importance of integrating business, property, and intellectual property in wealth strategies
  • Using SSAS pensions and commercial property for long-term planning
• Who Chris Helps
  • Focus on ambitious SME owners (turnover £2M–£30M)
  • Chalk Hill Blue’s approach to scaling and preparing businesses for exit
• Why Most Business Owners Struggle to Exit Successfully
  • 80% of personal wealth often tied up in the business
  • Less than 20% of businesses listed for sale actually sell
  • Common pitfalls: overestimating value, lack of preparation, misunderstanding buyer motivations
• Stages of Preparing for a Business Exit

1. Seller Readiness: Clarifying motivations, financial needs, and post-exit plans
2. Business Readiness: Building value through 10 key drivers (growth, scalability, recurring revenue, differentiation, reduced reliance on individuals/customers, strong processes, etc.)
3. Process and Systems: Importance of automation, AI, and streamlining tasks to ensure business runs without the owner

• Quick Wins for Business Owners
  • Assess current financial position and retirement gap
  • Use Chalk Hill Blue’s free Exit Readiness Survey for personalised feedback
  • Focus on one or two value drivers for immediate impact
• The Role of AI and Automation
  • Embracing AI for efficiency, productivity, and future-proofing business operations
  • Real-world examples from Chris’s clients and his own accountancy practice
• Family Business Transitions
  • Importance of education and tailored succession planning
  • Creating freedom and options before selling or stepping back
• Timeline for Selling a Business
  • Realistic prep: 2 years to get “sale-ready,” plus 9–12 months to complete a sale
  • Most deals involve staged payments and handover periods
• Finding Buyers and Structuring the Deal
  • Importance of assembling a deal team (IFA, tax, legal, corporate finance)
  • Different exit routes: trade sale, management buyout, employee ownership trust, family office, etc.
  • Creating competition to maximise sale price
• Life After Exit
  • Planning for the “next chapter” to avoid post-sale regret or loss of identity

Practical Tips

• Start exit planning early—ideally at least 2 years in advance
• Focus on building recurring revenue and reducing reliance on the owner
• Use automation and AI to streamline processes and increase business value
• Educate and engage the next generation for family business continuity
• Assemble a strong advisory team for the exit process

Resources Mentioned

• Grab a copy of Chris Spratling's book: “The Exit Roadmap: The Insider’s Guide to Selling Your Business Profitably” 
• Check if you are you truly ready to exit. Take the Exit Readiness Survey It's a free, personalised exit readiness report.
• Contact Chris:
  • Chris Spratling on Linkedin
  • Chris Spratling Website
• WT103 - Employee ownership trusts w/ Chris Budd
• WT38 - The 8 Drivers Of Business Value - Richard Perry

Connect with Us:

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this episode, Christian Rodwell sits down with insurance expert Josh Munt to explore the often-overlooked world of insurance for property investors, business owners, and professionals. Josh shares practical tips, common pitfalls, and actionable strategies to ensure you’re properly covered—without overpaying or leaving yourself exposed.

Key Discussion Points

• Josh’s Background & Core Audience:
  • 20+ years’ experience as a specialist insurance broker
  • Focus on property professionals and commercial clients
• Why Insurance Matters:
  • The real purpose: making sure claims are paid
  • Why underinsurance is so common (76% of UK buildings are underinsured)
• Most Common Mistakes:
  1. Incorrect Rebuild Values:
     • Many insure for market value, not rebuild cost
     • Rebuild values have risen sharply post-COVID; regular reviews are essential
     • Tools and affordable surveys for accurate valuations
  2. Tenant Type Disclosure:
     • Changing tenants (e.g., from office to restaurant or social housing) alters risk
     • Not notifying insurer can lead to denied claims
  3. Ignoring Policy Conditions:
     • Most skip reading policy wordings—key is to check ‘endorsements’ or ‘conditions’ sections
     • Failing to meet conditions (like property inspections) can void cover
• Premiums vs. Cover:
  • Why focusing solely on the cheapest premium can backfire
  • Importance of tailoring cover to your real risks
• Benefits of Using a Specialist Broker:
  • Tailored policies for unique risks
  • Wide market access and claims assistance
  • Support for both property and business insurance under one roof
• Insurance Tips for Business Owners:
  • Insure for loss of income, not just property
  • Consider all eventualities: liability, legal expenses, cyber risks
• Advice for Solopreneurs & SMEs:
  • Cyber insurance is crucial for online businesses
  • Manual trades need robust liability cover
  • Professional indemnity for service providers
• Ways to Lower Insurance Costs:
  • Self-insure for small risks and increase excess
  • Bundle multiple properties under one policy for savings and simplicity

Final Thoughts
Insurance may not be the most exciting part of wealth-building, but as Josh explains, it’s one of the most critical. Failing to declare something or reviewing your cover too late could cost thousands. With the right advice, you can ensure you’re covered properly, avoid costly mistakes, and potentially save money in the long run. As a special bonus, Josh is offering a waived admin fee for WealthBuilders listeners who mention the podcast when they enquire.

Resources mentioned in this episode

• Your admin fee is waived! Simply mention WealthBuilders when you enquire to Insurance Desk.
• LinkedIn: Josh Munt

Connect with WealthBuilders

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this inspiring Member Spotlight, Christian Rodwell talks to Bimbi Fernando, a transplant surgeon who joined WealthBuilders Academy in February 2021. Bimbi shares his journey from financial insecurity during the COVID-19 pandemic to achieving financial independence in 2024. He discusses the catalysts for change, the asset classes he focused on, the importance of education and community, and how he’s now using his experience to build a purposeful legacy.

Key Topics Covered

• Catalyst for Change: 
  How the COVID-19 pandemic and personal experiences highlighted the need for financial security and protection for loved ones.
• Choosing WealthBuilders: 
  The journey from property education to discovering the WealthBuilders community, and the support received from Kevin Whelan and Christian Rodwell.
• Financial Independence Roadmap:
  • Moving from financial insecurity (despite a well-paid job and existing properties) to security and then independence.
  • Leveraging property, investments, and innovative financial tools (e.g., Director’s Loan ISA) to build multiple streams of recurring income.
• Education and Support:
  • The crucial role of education in understanding and managing risk.
  • Value of coaching and accountability—special mention to Bimbi's Wealth Coach, Manish Kataria and the WealthBuilders community.
• Protection and Legacy:
  • Revisiting wills, setting up trusts and powers of attorney to protect family and assets.
  • Vision for purposeful retirement and building an “Institute of Kindness” to make a wider impact.

Practical Takeaways

• Start with Education:
  Don’t underestimate the value of learning and community support in your wealth-building journey.
• Diversify Income Streams:
  Combining property, investments, and innovative financial products can accelerate your path to independence.
• Plan for Protection:
  Ensure you have up-to-date wills, trusts, and powers of attorney in place as part of your financial plan.
• Leverage Community:
  Accountability and support from mentors and peers can make the journey less lonely and more effective.
• Purpose Beyond Independence:
  Achieving financial independence opens doors to legacy projects and giving back, such as Bimbi’s focus on kindness and purposeful retirement.

Final Thoughts

Bimbi’s story is a testament to the power of education, community, and taking action. For anyone considering starting their own journey, he encourages weighing the risks of inaction against the benefits of joining a supportive network like WealthBuilders. If it’s important enough, you’ll find a way to make it happen.

Resources mentioned in this episode

• Bimbi Fernando's book on Kindness 'The Forgotten Compass: Discover the Life Secret to Allow You to Flourish Beyond Your 50s'
• Click here to know more about the Wheel of Wealth

Connect with WealthBuilders

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this week's WealthTalk episode, Christian and Kevin dive deep into the major changes coming to inheritance tax on pensions from April 2027. 

They explain how these changes impact UK pension holders, why awareness and action are critical, and practical steps to protect your legacy. 

The discussion covers the basics of inheritance tax, the new rules for pensions, the benefits of consolidating pensions, and how SSAS pensions can offer unique advantages for business owners and families. 

The episode is packed with actionable advice, real-life scenarios, and essential tips to help listeners safeguard their wealth for future generations.

Key Takeaways:

1. What’s Changing: From April 2027, pension assets will be included in your estate for inheritance tax purposes, potentially increasing tax bills for families.

2. How Inheritance Tax Works: Understanding nil rate bands, residence nil rate bands, and how thresholds apply to individuals and couples.

3. Why Consolidate Pensions: Multiple pensions can mean multiple fees and administrative headaches—consolidation can simplify estate planning and reduce costs.

4. SSAS Pensions: How Small Self-Administered Schemes can offer flexibility, family involvement, and strategies to mitigate inheritance tax.

5. Gifting Strategies: The difference between gifting from capital (subject to seven-year rule) and gifting from income (no seven-year rule).

6. The Role of Wills & Trusts: Why pensions usually sit outside your will, and the importance of using trusts for life insurance and asset protection.

Action Steps:

• Check your state pension status.
• Locate and consolidate your pensions.
• Learn about SSAS and its benefits for business owners.
• Review your estate planning, including wills, trusts, and powers of attorney.

Building a Family Wealth Legacy: Involving the next generation, sharing financial wisdom, and using family wealth structures to maintain and grow assets.

Practical Tips:

1. Don’t wait until 2027—start reviewing and organising your pensions now.

2. Put life insurance policies in trust to avoid unnecessary inheritance tax.

3. Use SSAS pension features like loanback and earmarking to support family wealth and business growth.

4. Download the Guide - Click here to join the waitlist for the upcoming step-by-step guide on inheritance tax and pensions. 

Resources mentioned in this episode

• Download the Guide: Click here to join the waitlist for the upcoming step-by-step guide on inheritance tax and pensions.

Connect with WealthBuilders

• Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.
• For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!

Next Steps On Your WealthBuilding Journey: 

• Join the WealthBuilders Facebook Community
• Schedule a 1:1 call with one of our team
• Become a member of WealthBuilders
• If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform