Could a fraudster con you into handing over money?

Could you get duped into sending a fraudster thousands of pounds? Many people think of course they wouldn’t, but then it happens to them. In this week’s podcast Simon Lambert, Lee Boyce and Georgie Frost look into the disturbing rise in fraudsters targeting ordinary people’s finances and how you can protect yourself – we also ask if the banks do enough to help. On the other side of the table from those looking to take your money, are the people who promise to make it for you – fund managers. And there has been one name that keeps cropping up in This is Money’s reader comments as someone who doesn’t get his fair dues, Terry Smith. We dive into his Fundsmith fund, why it has been so successful and having had it explained to him first hand by Mr Smith himself, Simon outlines the Fundsmith investing philosophy. He looks at whether investors need to be wary of putting too much faith in an approach that has done well if conditions change, or whether the top global funds run by managers such as Smith, Nick Train and the Baillie Gifford team are worth sticking with come what may. Also up on this week’s podcast is the best car of the year as named by What Car? – and it’s a diesel – and Lee’s once in a lifetime trip to the home of Ikea in Sweden, where he learnt some very interest facts about the flatpack furniture store you either love or hate.

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