Farming News - Special podcast edition focused on financial considerations for farmers
Special podcast edition focused on financial considerations for farmers
FARMERS looking for financial tips can gain insight from two NFU Mutual experts in a new special edition of the insurer’s podcast.
Hosted by well-known Rock & Roll Farming Podcaster, Will Evans, the latest ‘Ahead Of The Field’ podcast is a short introduction to the complex areas of investments and pensions that can be of interest to farmers.
Investment manager Matthew Bennett gives his expert view on the current situation of the stock market and the impact central banks have had this year, while also explaining why each farmer’s investment appetite might differ.
He says: “If you’re very asset rich in the UK and you’re trying to diversify away from the risk of Brexit, then you might think of a different way of investing to someone that has different circumstances. It’s all individual circumstance specific.”
Pension expert Martin Ansell explains how a pension can benefit farmers, even those with no intentions of retiring, and lists the options available for those using a pension to save for later life.
“There are now six retirement options that you can consider,” says Martin. “And one of the beauties of this is you can mix your options.”