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Britain's Pension System Is In Danger

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Manage episode 518678255 series 3468521
Content provided by Most, Damien Jordan, and Timeyin Akerele from Most. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Most, Damien Jordan, and Timeyin Akerele from Most or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

We’re living longer, saving too little, and the state pension’s under pressure. So, can we actually afford to retire in the future? Our favourite pensions expert Tom McPhail joins us to chat through what’s changing in the current pension system, what’s not, and what it all means for your future.

🤝 Make the most of your money with our financial adviser service - book a free consultation:

https://makingmoney.email/financial-advisors-audio

🎉Sponsors

MoneyWeek Magazine - Try it for free: ⁠⁠⁠⁠⁠https://moneyweek.com/money⁠⁠⁠⁠⁠

TaxZap - Do your tax return / self-assessment: ⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠

Vanta - Get your company secure and compliant: ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠

Odoo - Apps to run your business: ⁠⁠⁠⁠https://www.odoo.com/r/MM1⁠⁠

If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Chapters:

00:00 - We’re at a crisis point

05:56 - Is it too late?

10:42 - Is change even possible?

13:16 - What could change today?

18:50 - Vanta ad

20:00- Who doesn’t have enough to retire?

23:40 - Will consolidating schemes benefit you?

29:50 - Have you lost a pension pot?

34:25 - TaxZap ad

35:34 - Should the government force schemes to invest in the UK?

43:58 - Is the state pension a ticking time bomb?

53:05 - What actually gets people to save more?

55:35 - Why the triple lock needs to go

58:38 - What’s coming in the Autumn Budget?

  continue reading

140 episodes

Artwork

Britain's Pension System Is In Danger

Making Money

38 subscribers

published

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Manage episode 518678255 series 3468521
Content provided by Most, Damien Jordan, and Timeyin Akerele from Most. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Most, Damien Jordan, and Timeyin Akerele from Most or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

We’re living longer, saving too little, and the state pension’s under pressure. So, can we actually afford to retire in the future? Our favourite pensions expert Tom McPhail joins us to chat through what’s changing in the current pension system, what’s not, and what it all means for your future.

🤝 Make the most of your money with our financial adviser service - book a free consultation:

https://makingmoney.email/financial-advisors-audio

🎉Sponsors

MoneyWeek Magazine - Try it for free: ⁠⁠⁠⁠⁠https://moneyweek.com/money⁠⁠⁠⁠⁠

TaxZap - Do your tax return / self-assessment: ⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠

Vanta - Get your company secure and compliant: ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠

Odoo - Apps to run your business: ⁠⁠⁠⁠https://www.odoo.com/r/MM1⁠⁠

If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Chapters:

00:00 - We’re at a crisis point

05:56 - Is it too late?

10:42 - Is change even possible?

13:16 - What could change today?

18:50 - Vanta ad

20:00- Who doesn’t have enough to retire?

23:40 - Will consolidating schemes benefit you?

29:50 - Have you lost a pension pot?

34:25 - TaxZap ad

35:34 - Should the government force schemes to invest in the UK?

43:58 - Is the state pension a ticking time bomb?

53:05 - What actually gets people to save more?

55:35 - Why the triple lock needs to go

58:38 - What’s coming in the Autumn Budget?

  continue reading

140 episodes

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