Sue Dougan is joined in the studio by Kevin Pratt Web editor MoneySuperMarket.com. On the agenda today, they discuss the big story - The Autumn Statement. Sue and Kevin speak about how all aspects of the policies the Chancellor delivered will impact the consumer. Elsewhere, over ten million people across Britain could struggle in retirement if minimum contributions to workplace pensions aren't increased. Air traffic bosses have issued a new code of conduct for drones. All these stories and more on The News Review.
Now, transferring your pension could be a good idea...that is, if you have a lot of pension pots and want them all in one place. Or perhaps if you'd like more investment choice than your current provider offers. But lately, firms have been using delay tactics to deter savers from switching. Research conducted by pension manager site, PensionBee found that on average, customers faced almost three weeks to transfer their pension. To find out more Georgie Frost was joined by their chief executive Romi Savova.
Scottish Widows has launched its annual Women & Retirement report. The findings suggest that whilst more women than ever are saving for their retirement, the gap between men and women is widening. Jackie Leiper is a retirement expert at Scottish Widows, and she discussed the factors behind a widening gender gap.
New research found modern day financial pressures are forcing people of all ages to risk their future by putting pension saving on the back burner. It found that nearly a quarter of under-40s don't save into a pension due to debts. To find out more about this worrying report, our reporter, Tom Hill, spoke to Vince Smith Hughes, retirement expert at Prudential.
Should we take our state pension early? Under new government proposals, we all could be given that choice. A new report has outlined changes that could move the state pension age up or even allow people to take their pension early. To find out, Share Radio reporter, Tom Hill, spoke to Richard Parkin from Fidelity.
Welcome to This is Money, the podcast, presented in partnership with NS&I. Editor Simon Lambert and Personal Finance Editor Rachel Rickard Straus join Share Radio’s Georgie Frost in the studio to go through the week’s biggest money stories.
And this week it’s all about inflation, and the news is leaving us all a little … deflated. Yes, that nebulous indicator, inflation has jumped to its highest level in 2 years - hitting spenders and savers alike. Blame Brexit if you like, and a lot of people have done, but is that really it? Michael O’Leary of Ryanair certainly is blaming the referendum as he hikes prices in even more obscure ways. And then, we’re looking at the banks: they’re slashing rates, deceiving switchers, and worst of all; this week it seems they don’t even know how to keep our money safe!
Meanwhile, we take a look at the treasury's U-Turn to allow retired savers to cash in their annuities. Is Chancellor Hammond just doing all he can to obliterate Chancellor Osborne’s legacy, or dare I say it, could there be an actual plan in place? Surely not, that’s madness.
At the other end of the show, Simon reckons we need a tax break on savings interest, what little we have, someone’s bought a car with Apple Pay and everyone’s amazed for some reason, and the new Churchill fiver sees even more inflationary trading.
This is Money is presented by Georgie Frost, in partnership with NS&I.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss the new team of experts being put together to tackle firms exploiting self-employed workers as well as the new Pension Schemes Bill. Plus why Kit Kat could be the next product affected by the falling pound. All these stories and more on The News Review.
Ed Bowsher is joined in the studio by Andy Webb, personal finance journalist and blogger at 'Be Clever With Your Cash'. Today they discuss the latest reforms to pensions as well as the growing threat of current account fraud. Plus why many workers aren't using their full holiday allowance. All these stories and more on The News Review.
Ed Bowsher is joined by Hannah Maundrell, editor of money.co.uk. Today they discuss the latest figures for retail spending as well as looking at a new government scheme to safeguard members of failed pension funds. Plus why parents are increasingly struggling to put aside savings for their children. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss yesterday's price war between Unilever and Tesco as well as the news banks are planning on a further cut to interest rates. Plus the latest proposed reforms to pensions. All these stories and more on The News Review.