4.2 • 804 Ratings
🗓️ 27 July 2024
⏱️ 25 minutes
🧾️ Download transcript
This time next week the General Election will be over. As the days count down we'll get into the nitty gritty with listener questions on Inheritance Tax, Capital Gains Tax and ISAs.
Some lawyers and listeners who are acting as powers of attorney have told Money Box they're having problems dealing with banks on behalf of their clients and relatives. The Association of Lifetime Lawyers, a group of legal professionals who support vulnerable and older people, has also told this programme banks need a more streamlined and consistent approach to dealing with powers of attorney. UK Finance which speaks for the banks acknowledged there is more to be done. It says banks are working with members and government bodies to look at how greater consistency can be achieved across the industry.
And a tribute to former Money Box presenter and founder Vincent Duggleby, who sadly passed away earlier this month.
Presenter: Paul Lewis Reporter: Felicity Hannah Researchers: Neil Morrow, Catherine Lund and Jo Krasner Editor: Jess Quayle
(First broadcast 12pm Saturday 29th June 2024)
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0:00.0 | On a winter's night in 1974, a crime took place that would obsess the nation. |
0:07.0 | It was an extraordinary news story. |
0:09.0 | The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny, |
0:14.0 | mistaking her for his wife, then somehow just disappeared. |
0:18.0 | One of the great mysteries in English criminal history. We're still looking for |
0:21.7 | Lucan. It's honestly one of the most powerful stories of my lifetime. I'm Alex Fontunzelman. This is |
0:27.8 | the Lucan Obsession. Listen on BBC Sounds. BBC Sounds, music, radio, podcasts. Hello, welcome to this Moneybox podcast. |
0:39.6 | We hear about the people with a power of attorney for a relative or friend, |
0:42.9 | but without the power to make their bank follow it, |
0:46.0 | and a tribute to the creator of Moneybox, Vincent Douglby, |
0:49.6 | who has died at the age of 85. |
0:52.3 | But first, this time next week, we will know who is our Prime Minister |
0:55.9 | and possibly have details of early appointments to the new government. If you want to take |
1:00.6 | part in that process, voting is on Thursday, of course, don't forget your ID. But before that, |
1:05.7 | there are still things troubling you. In recent weeks, we've talked about care costs, |
1:10.0 | income tax and housing, but today |
1:11.9 | it's time to delve more into the fiddly bits of personal finance with our own election quiz. |
1:17.3 | It's Claire from Buckinghamshire, helped by the old Moneybox theme. |
1:21.7 | Financial review is long overdue. Don't let money stew with profit in view. What you must do |
1:27.2 | is tune to Moneybox. |
1:29.9 | Hi, Moneybox. My situation is I have a second property, which was initially my primary property, |
1:37.0 | but I designated it a second property. I think of it as my home when I bought a flat to work up in London. |
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