Hi folks and welcome to the Meaningful Money podcast session number 127. Time to make a change.

This is the podcast dedicated to helping you put your finances in order. My name is Pete Matthew and I'm

going to share with you everything you need to know and everything you need to do to secure your

financial future. I'm here to help you make sense of money.

Little slip there.

My fingers got a bit tangled around my fader, but I'm sure none of you noticed.

Cool.

Great to have you back.

I'm back from Holiday.

The previous sort of three or four weeks were all recorded before I went on holiday,

and now I'm back from holiday where I had a lovely time in Manorca, enjoying the sunshine, and reading novels with no socially redeeming value at all, and just basically totally unplugging, which was fabulous and long overdue.

It already feels like a lifetime ago, though. I've been back a week, and it's like I've never been away, isn't it always the case? But great to be back behind the microphone, though. This week, I'm going to look at two changes, which have been announced recently, which might affect your planning. Neither of them really warrants its own show. They're not really quite big enough to cover it in a whole show. So I thought

I'd lump the two things together here. The first one is to inheritance tax where there's a new

higher tax free band, which is based particularly on your house. And that's been announced. It's not

phasing in yet. It's going to be phasing in from 2017, 18 tax year all the way up until 2020,

21, which might seem like a while out.

But as always, the earlier you think about this stuff, the better chance you've got of using these

sort of angles to achieve your aims.

And the second change I want to talk about is to pensions, and specifically to something

very exciting called the pension input period.

Okay, are you salivating yet can you handle the

excitement see if you can hang on all right because uh i also want to speak just a little bit about

...