Sign up to save your podcasts
Or
Share Financial Illumination
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Financial Illumination episodes
- Autumn Budget Breakdown: What It Means For You
In this episode, hosts James Corcoran and Jack Dudley break down Chancellor Rachel Reeves’ Autumn Budget and explores its implications for investors, families, and business owners. From pension reforms and ISA changes to new tax pressures and long-term fiscal strategy, we unpack the practical financial planning consequences.
7 min - You've Inherited A Lump Sum - What Now?
Inheriting a lump sum can be life-changing, and overwhelming, especially if you've never managed significant money before. In this episode of Lumin Wealth's 'Financial Illumination' podcast, financial planners James Corcoran and Jack Dudley explain what to do (and what not to do) when an inheritance arrives: why the FCA treats new inheritors as potentially vulnerable clients, the questions a good adviser asks first, gifting and the seven-year rule, why leaving it all in cash quietly costs you, and how cashflow planning maps the money to your life.
00:00 What counts as a lump sum
04:38 Getting advice07:46 Gifting and the seven-year rule09:29 Cash vs investing11:09 Planning around your future needsThis podcast is for information only and does not constitute financial advice. To speak to a Lumin adviser, visit luminwealth.co.uk
14 min - Is It Time To Consolidate Your Pensions?
Built up three, four, five pensions across different jobs? Adverts everywhere tell you to combine them, but is pension consolidation actually right for you? Financial planners James Corcoran and Jack Dudley dig into when merging pensions makes sense and when it's a trap: comparing costs and charges, the hidden danger of lifestyle funds, valuable benefits you can lose by transferring, and why "my ISA beat my pension" usually means something else is going on.
00:00 Why consolidation is everywhere
03:27 Costs and charges06:46 When moving makes sense08:37 The lifestyle fund trap11:54 The real benefits of consolidatingThis podcast is for information only and does not constitute financial advice. To speak to a Lumin adviser, visit luminwealth.co.uk
14 min - Selling A Business? How To Exit Smoothly And Tax Efficiently
You've spent years building your business, but have you planned the exit? Financial planners James Corcoran and Jack Dudley walk through selling a business the tax-efficient way: Business Asset Disposal Relief and the 5% test, holdover relief when gifting business assets, deferring gains through the Enterprise Investment Scheme (EIS), and how Business Relief interacts with inheritance tax.
00:00 Why exits go wrong
02:26 Business Asset Disposal Relief04:51 Gifting and holdover relief06:05 EIS deferral07:59 Business Relief and IHTThis podcast is for information only and does not constitute financial advice. To speak to a Lumin adviser, visit luminwealth.co.uk
11 min - Is Your Bank Helping Or Hindering Your Savings And Investments?
Financial Illumination is a podcast which shines a light on all things financial. Brought to you by leading UK Financial Planning firm Lumin Wealth. Please be aware that anything discussed on this podcast should not be regarded as financial advice, and when investing your capital is at risk.
Download your copy of Lumin News here - lumin news - Lumin Wealth Management
10 min - New Tax Year - Top Tips!
Financial Illumination is a podcast which shines a light on all things financial. Brought to you by leading UK Financial Planning firm Lumin Wealth. Please be aware that anything discussed on this podcast should not be regarded as financial advice, and when investing your capital is at risk.
16 min - Will There Be Inheritance Tax On Your Pension?
Welcome to the Financial Illumination podcast, brought to you by Lumin Wealth.
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Planner Jack Dudley to discuss the changes made in the Budget where pensions are due to be liable to Inheritance Tax.
Please be aware that anything discussed on this podcast should not be regarded as financial advice and when investing your capital is at risk
21 min - Tax Year End Tips!
Welcome to the Financial Illumination podcast, brought to you by Lumin Wealth.
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Planner Jack Dudley to discuss what you should be aware of with the end of the tax year approaching. Please be aware that anything discussed on this podcast should not be regarded as financial advice and when investing your capital is at risk
20 min - Are you overpaying for financial advice?
Welcome to the Financial Illumination podcast, brought to you by Lumin Wealth.
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Planning Manager Joe Fisher to discuss the costs of financial advice and what you should be looking out for if you are working with a financial adviser/ planner.
Please be aware that anything discussed on this podcast should not be regarded as financial advice and when investing your capital is at risk
10 min - What is the "Great Wealth Transfer" and what does it mean for Estate Planning?
Welcome to the Financial Illumination podcast, brought to you by Lumin Wealth.
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Consultant Ben Mitson to discuss the "Great Wealth Transfer" and the implications for Inheritance Tax Planning
Please be aware that anything discussed on this podcast should not be regarded as financial advice and when investing your capital is at risk
8 min
About Financial Illumination
From the publisher's feed
Lumin provides personable financial advice and investment management services. With a fully dedicated team of Financial Consultants and Paraplanners, over 4,000+ families trust us with their wealth management needs and we currently manage £1.6billion+ in client assets.
Through 1:1 consultations, Lumin’s financial plans are geared toward growing and protecting wealth by optimising our clients’ income, assets, tax burden and financial security.
We are a Chartered firm and have been consistently ranked among the top advisers in the UK according to the FT Adviser’s and Citywire's New Model Adviser’s top 100 financial advice firm rankings.
We are part of VZ Group, the leading independent financial services provider in Switzerland which employs around 1,700 people. The collaboration has cemented our core values of providing transparent, straightforward advice delivered by highly qualified professionals.