The Pension Confident Podcast

It's time for your Series Five rewind and sneak peek at what's coming up on The Pension Confident Podcast.

If you missed an episode, don't worry, you can catch up on every single episode so far wherever you get your podcasts:

E46: How to bounce back from redundancy
E47: The 'Singles Tax' - how much is it costing you?
E48: Are you ready for the 'great wealth transfer'?
E49: Can you still make money as a Buy-to-Let landlord?
E50: Starting a pension from £0 at 50 years old
E51: How to resist lifestyle creep
E52: Is it worth getting married?

And there's plenty more where that came from. Later this month, Series Producer Lucy Greenwell joins our Host Philippa Lamb to pick out the best bits from our Series 5 guests (so far).

Then, coming up in September: What might be missing from your investment portfolio? We'll be joined by:

Content Creator 'That Money Guy', Gabriel Nussbaum;
Founder and CEO of rainchq, Davinia Tomlinson; and
Senior Investment Content Manager at PensionBee, Matt Batsman.

You can read the episode transcript here.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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For the first time ever, fewer than half of UK adults are married or in a civil partnership, yet the law hasn't caught up with how many of us now live together instead. So, legally and financially, is it still worth getting married?

Join our host, Philippa Lamb, and our expert panel as they discuss whether marriage still pays off financially and legally, and what unmarried couples need to put in place instead:

Financial Planner, Mike Donkor;
Solicitor and Partner at Collyer Bristow, Philippa Dolan; and
Chief Marketing Officer at PensionBee, Jasper Martens.

Episode breakdown 01:18 Why marriage rates are falling

05:44 The financial perks of marriage

09:04 When unmarried couples split

12:41 Avoiding the money conversation

16:20 How are pensions shared

19:28 Who gets the pets?

21:15 Protecting your partner with a will

24:22 Cohabitation Agreements and annual reviews

28:48 A fairer end to relationships

Further reading and listening To learn more about managing money in a couple, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E14: What's the impact of your relationship status on your finances? (Podcast)
E35: The cost of divorce (Podcast)
How does divorce or remarrying affect your pension? (Article)
Pension beneficiaries (Article)
Six money conversations you need to have with your family (Blog)
Why pensions deserve your attention during divorce (Blog)
Writing a will (Article)

Other useful resources * A fairer end to relationships: consultation (GOV.UK) * Capital Gains Tax allowances (GOV.UK) * Cohabitation Agreement guidance (The Law Society) * Families and households in the UK (Office for National Statistics) * Inheritance Tax (GOV.UK) * Marriage Allowance (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Collyer Bristow (@Collyer_Bristow) on YouTube, Instagram, LinkedIn, Facebook and X.

Follow Mike Donkor (@michaelgdonkor) on TikTok, Instagram, LinkedIn and Facebook.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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In this bonus episode, we hear from PensionBee customer Sally as she shares her pension story. From decades of putting money into living over saving, and losing her husband suddenly in his 40s, to retirement in her 60s and choosing a pension plan that truly reflects her values.

We unpack Sally's pension journey with pensions expert Veronica Morozova from PensionBee, covering:

why financially literate people still don't save;
how emotional barriers can be a bigger obstacle than lack of information;
the tax benefits of saving into a pension; and
what values-based investing actually means in practice.

Episode breakdown 00:39 Meet Sally

02:48 'Present bias' and money

06:10 Tax efficiency in retirement

10:11 Values-based investing

Further reading To learn more about the topics discussed in this bonus episode, check out these articles from PensionBee:

Climate Plan (Web)
What do heatwaves have to do with your pension? (Blog)
What is a crystallised pension? (Article)
What is flexi-access drawdown? (Article)
Why reaching net zero is cheaper than doing nothing and what it could mean for your pension (Blog)

Other useful resources * Pension Calculator (PensionBee) * Retirement Living Standards (Pensions UK) * Taking money from your pension just got simpler with Automatic withdrawals (PensionBee) * The new State Pension (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Market volatility is back in the headlines, and if you've noticed your pension balance moving up and down, you're not alone. From tariffs to geopolitical tensions, there's no shortage of reasons to feel uneasy. But before you rush to make any changes, it's worth understanding how volatility actually works and why, more often than not, staying put is the smartest move.

Join our host, Philippa Lamb, and VP Personal Finance at PensionBee, Maike Currie as they discuss:

what market volatility is and what drives it;
why pension pots are more resilient than you might think, and how quickly markets have historically recovered;
why keeping up contributions during a downturn can actually work in your favour; and
how to check whether you're in the right plan for your life stage.

Episode breakdown 00:49 What's market volatility?

03:21 How far can a pension balance fall?

05:25 The investor upside of a market downturn

08:32 How quickly can markets recover?

09:55 Pension plans for different life stages

Further reading and listening To learn more about investing and stock markets, check out these articles and podcasts from PensionBee:

Bonus episode: How much can you contribute into your pension each year? (Podcast)
E39: Trump, tariffs and what it all means for your pension (Podcast)
Markets and tariffs: what's going on and what it means (Blog)
Switching plans in volatile markets: what to know (Blog)
The power of regular contributions in volatile markets (Blog)
Understanding market volatility and pensions (Blog)
What is the stock market? (Article)

Other useful resources * Bull and bear markets explained (Investopedia) * Fed History Overview (Federal Reserve History) * Our pension plans (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Are you earning more than you were five years ago but still don't feel better off? You might be experiencing 'lifestyle creep'. The subtle way spending expands to quietly swallow every pay rise, bonus, and promotion. From Ocado upgrades and subscription sprawl to beauty routines that keep growing, lifestyle creep is surprisingly easy to fall into and remarkably hard to spot.

Join our host, Philippa Lamb, and our expert panel as they discuss how to identify, resist, and even reverse lifestyle creep:

Content Creator, Clare Seal;
Co-Founder and CEO of Emma, Edoardo Moreni; and
Head of Customer Success Team at PensionBee, Alex Langley.

Episode breakdown 01:38 What is lifestyle creep?

05:23 Trigger points and the psychology of spending more

09:41 Supermarket upgrades and the subscription trap

13:17 Being intentional and auditing your spending

16:05 The real pension cost of lifestyle creep

19:20 How to cut back without making life miserable

21:31 Building resilience and talking about money

26:12 Budgeting frameworks and tools that work

Further reading, listening and watching To learn more about lifestyle creep and how to manage your money, check out these articles, podcasts and videos from PensionBee:

E37: The easiest way to retire with more money (Podcast)
50-30-20: How the budgeting 'rule of thumb' is changing in the face of the cost of living crisis (Blog)
How much should I pay into my pension? (Article)
Six ways to put together your emergency fund (Blog)
The power of 1%: how small pension increases can make a big difference (Blog)
What is compound interest? (Video)
Increasing your pension contributions (Video)

Other useful resources * Compound Interest Calculator (The Calculator Site) * Pension Calculator (PensionBee) * Subscription service statistics (Finder) * The Retirement Living Standards (Pensions UK) * The Cost of Disengagement (PensionBee) * UK financial outlook 2026 (YouGov)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Clare Seal (@clare.seal) on TikTok, Instagram, LinkedIn and X.

Follow Emma App (@emma_finance) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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In this bonus episode, we hear from PensionBee customer Nigel. Now 76 and retired, he spent decades commuting into Central London, raising two children, and telling himself he'd sort his pension "someday". A bad experience with an active fund manager and an IFA changed all that - and a tip from his son led him to PensionBee.

We unpack Nigel's pension journey with pensions expert Dani Skerrett from PensionBee, covering the tax benefits of saving into a pension, when a financial adviser is (and isn't) worth it, how to think about how much you actually need in retirement, and what life in drawdown really looks like day-to-day.

Episode breakdown 00:48 Meet Nigel

03:19 The tax benefits of saving into a pension

06:47 Should you use a financial adviser?

12:11 How much do you actually need for retirement?

16:12 Nigel's life in retirement

Further reading and listening To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

E43: Who wants to be a pension millionaire? (Podcast)
E37: The easiest way to retire with more money (Podcast)
4 smart ways to use your ISAs in retirement (Blog)
Independent Financial Adviser fees on pensions (Article)
What is a crystallised pension? (Article)
What is flexi-access drawdown? (Article)
What is the 4% rule for withdrawals in retirement? (Article)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Premium Bonds and Cash ISAs are two of the most popular savings options in the UK, but which one is right for you? With interest rates fluctuating and the cost of living still a real concern, it's more important than ever to make your savings work as hard as possible.

Join our host, Philippa Lamb, and VP Personal Finance at PensionBee, Maike Currie as they discuss:

how Premium Bonds work, including the odds, limits, and why there's no guaranteed return;
how Cash ISAs compare on interest rates, access, and tax efficiency; and
who should consider which option, and whether holding both makes sense.

Episode breakdown 00:45 How Premium Bonds work

02:41 The catch with Premium Bonds

05:05 How Cash ISAs work

07:00 Tax considerations

07:35 Which is right for you?

Further reading and listening: To learn more about Premium Bonds and Cash ISAs, check out these articles and podcasts from PensionBee:

How does inflation affect pensions? (Blog)
Inflation Calculator (Calculator)
What are Premium Bonds? (Article)
What is a Cash ISA? (Article)
What to do when interest rates rise (Blog)
E29: Pensions vs. cash - which is best? (Podcast)

Other useful resources * Premium Bonds prize rate and odds (NS&I) * Tax-free interest on savings (GOV.UK) * Barclays Equity Gilt Study 2025 (Barclays)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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An estimated 7 million people aged over 50 in the UK have no private pension savings at all. Here's the reality: if you're one of them, it can feel too late to start. It isn't. Whether it's career breaks, the cost of living, a divorce, or simply never getting round to it - millions of people reach 50 with little or nothing put away. So how do you go from £0 to a pot that actually makes a difference?

Join our host, Philippa Lamb, and our expert panel as they discuss starting a pension from scratch at aged 50:

Founder of Rich Retiree, Hannah Martin;
Founder of Wise Monkey Financial Coaching, Simonne Gnessen; and
VP Customer Success at PensionBee; Sarah Durber.

Episode breakdown 01:41 When did our panellists start saving?

03:31 Why so many people reach 50 with no pension

06:56 The real cost of opting out

11:16 Pension Sharing Orders and divorce

13:11 How to start from £0 at 50 years old

17:27 Making the most of your workplace pension

19:26 How contributing just a little more adds up

26:26 Property, side hustles, and creative retirement strategies

Further reading, listening and watching: To learn more about building your pension later in life, check out these articles and podcasts from PensionBee:

E37: The easiest way to retire with more money (Podcast)
How much should I pay into my pension? (Article)
Pension Sharing Order (Article)
What is compound interest? (Blog)
Six ways to put together your emergency fund (Blog)
I'm 40, is it too late to start a pension? (Blog)
How to grow your pension in your 40s and 50s (Blog)
The power of 1%: how small pension increases can make a big difference (Blog)
What is compound interest? (Video)
What happens to my pension during a divorce? (Video)
Increasing your pension contributions (Video)

Other useful resources * The Cost of Disengagement (PensionBee) * The Carer's Pension Gap (PensionBee * Pension Calculator (PensionBee) * Almost 7 million over-50s have no private pension (Pensions Age) * The Retirement Living Standards (Pensions UK) * Pension sharing orders slump despite growing number of divorces (Pensions Age) * Four out of five Brits plan to downsize to fund retirement (MoneyWeek) * Rent a room in your home: the Rent a Room Scheme (GOV.UK) * Proposed benefit and pension rates 2026 to 2027 (GOV.UK) * Compound Interest Calculator (The Calculator Site)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Rich Retiree (@rich.retiree) on Instagram, LinkedIn, Facebook and Pinterest.

Follow Wise Monkey Financial Coaching (@simonnegnessen) on YouTube, Instagram, LinkedIn, Facebook and X.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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On this bonus episode, we hear from PensionBee customer Becca. Auto-enrolled into her first workplace pension, she assumed retirement saving would always just happen in the background. Then she went self-employed, and for eight years, it didn't happen at all.

We explore the self-employed pension gap with the help of pensions expert Dani Skerrett, Head of Content Marketing at PensionBee, covering everything from why Auto-Enrolment leaves millions of freelancers and sole traders behind, to the surprising cost of those years of disengagement. We also share how contributing just £30 a month can make a difference of thousands of pounds by retirement.

Episode breakdown 00:34 Meet Becca

03:30 The self-employed pension gap

06:19 What stops self-employed people saving?

09:43 The cost of disengagement

14:26 Becca's belief in teaching kids about money

Further reading and listening To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

E8: How to teach kids about money (Podcast)
E37: The easiest way to retire with more money (Podcast)
E40: The ADHD tax - how much is it costing you? (Podcast)
6 pension tips for sole traders (Blog)
How to manage pension contributions from multiple incomes (Blog)
Private pensions for the self-employed (Article)
What is Making Tax Digital and how can sole traders prepare? (Blog)
What pension can I get if I'm self-employed? (Article)

Other useful resources * Pension Calculator (PensionBee) * Retirement Living Standards (Pensions UK) * Working for yourself (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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In this bonus episode of The Pension Confident Podcast, we cover the key pension contribution rules and limits for the new 2026/27 tax year, and what they could mean for your retirement savings.

Join our host, Philippa Lamb, and VP Personal Finance at PensionBee, Maike Currie, as they break down everything you need to know about:

how much you're allowed to pay into your pension this tax year;
the contribution limits that apply based on your annual income;
making the most of government top-ups; and
what the updated rules could mean for your long-term finances.

Episode breakdown 01:00 What's the annual allowance?

04:55 Pension Lifetime Allowance scrapped

05:42 Exceeding your annual allowance

06:46 Using your carry forward allowance

Further reading and listening To learn more about pension contributions, check out these articles and podcasts from PensionBee:

Bonus episode: "I stopped paying into my pension for 20 years" (Podcast)
Bonus episode: What does the 2026/27 tax year mean for your finances? (Podcast)
E43: Who wants to be a pension millionaire? (Podcast)
How to check your pension contributions (Article)
How to use carry forward to make big pension payments (Blog)
Making pension contributions (Article)
Pension carry forward rule (Article)
What tax changes are coming in April 2026? (Blog)

Other useful resources * Abolition of the Lifetime Allowance (LTA) (GOV.UK) * Carry forward: increase your annual allowance for pension savings (MoneyHelper) * The annual allowance for tax relief on pension savings (MoneyHelper) * The Retirement Living Standards (Pensions and Lifetime Savings Association)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Becoming a landlord with Buy-to-Let properties has often been seen as a way to build long-term wealth. But with brand new rules, higher taxes and more paperwork, it's becoming harder to turn a profit.

Did you know that since 2022, the rental sector is the only area of the housing market to have lost value? So, are Buy-to-Lets still a good bet? And where does this leave existing landlords trying to make sense of a changing market?

Today, we're breaking down the real story behind Buy-to-Lets and what you need to know before you think about jumping in.

Join our host, Philippa Lamb, and our expert panel as they discuss Buy-to-Lets:

Buy-to-Let Landlord and Content Creator "Property Empress", Anna Pearce; and
Mortgage Adviser, Michael Annis.

Episode breakdown 01:23 What's happening to the property market?

04:56 The Renters' Rights Act explained

09:06 Are landlords really leaving the market?

11:35 Understanding rental yields

16:28 Eligibility rules for Buy-to-Let mortgages

20:22 Stamp Duty on second properties

22:36 Building a property portfolio

25:44 The risk and reward of buying at auction

Further reading and listening To learn more about property, check out these articles, podcasts and videos from PensionBee:

E4: Should you pay more into your mortgage or pension? (Podcast)
E22: Why is renting so expensive? (Podcast)
Buying a property: the basics (Video)
Buying a property with someone (Video)
How to downsize for retirement (Blog)
How to use your property to fund your retirement (Blog)
Property inheritance (Video)
Renting a property: the basics (Video)
Renting in retirement: 3 things to consider for a secure future when you don't own your home (Blog)

Other useful resources * Do I need a Buy-to-Let mortgage? (MoneyHelper) * Guide to the Renters' Rights Act (GOV.UK) * Leasehold vs freehold: what's the difference? (MoneyHelper) * Making Tax Digital for Income Tax (GOV.UK) * Mortgage fees and costs when buying or selling a home (MoneyHelper) * Private rent and house prices, UK: March 2026 (ONS) * Renting out your property: guidance for landlords and letting agents (GOV.UK) * Stamp Duty calculator (MoneyHelper) * Stamp Duty - everything you need to know (MoneyHelper) * Tenants' rights and responsibilities explained (MoneyHelper) * What is the landlord licensing scheme? (UK Landlord Tax)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Anna Pearce (@propertyempress) on TikTok, YouTube, Instagram, LinkedIn and Facebook.

Follow Michael Annis on LinkedIn.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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On this bonus episode, we hear from PensionBee customer, David. He spent years quietly accumulating pension pots across various employers without paying them much attention. That all changed when an unexpected cancer diagnosis forced him to confront his finances head-on, and think hard about what would happen to the people he loves if he wasn't around.

We unpack the decisions David has navigated, from consolidating old pots and rethinking his investment risk to naming beneficiaries and having long-overdue conversations with his family, with the help of pensions expert Dani Skerrett, Head of Content Marketing at PensionBee. Plus, we share how increasing your contributions by even 1% or 2% can make a staggering difference to your retirement pot.

Episode breakdown 00:43 Meet David

04:19 Assessing his investments and consolidating

09:38 Hindsight on workplace pension contributions

14:41 The diagnosis that changed everything

17:02 Preparing his family for the worst

18:54 David's dream retirement

Further reading, listening and watching To learn more about the topics discussed in this bonus episode, check out these articles, podcasts and videos from PensionBee:

Episode transcript (Blog)
E37: The easiest way to retire with more money (Podcast)
Estate planning - PensionBee's Milestone Moments (YouTube)
Pension beneficiaries (Article)
Pension rules after death (Article)
Six money conversations you need to have with your family (Blog)
Writing a will (Article)

Other useful resources

Financial Lives 2024 (Financial Conduct Authority)
How do I write a will and how much does it cost? (MoneyHelper)
Combine your pensions (PensionBee)
Pension Calculator (PensionBee)
The £500,000 cost of neglecting your pension (PensionBee)
Retirement Living Standards (Pensions UK)
The new State Pension (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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In this bonus episode of The Pension Confident Podcast, we cover some of the key changes from the new 2026/27 tax year and what they could mean for you and your finances.

Join our host, Philippa Lamb, and VP Personal Finance at PensionBee, Maike Currie, as they unpack the changes impacting:

the National Minimum and Living Wage;
statutory sick, parental and bereavement pay;
frozen earnings bands and savings limits;
the State Pension and personal pensions.

Episode breakdown 01:09 What is the tax year?

02:25 Minimum and statutory pay for workers

04:08 The State Pension and 'triple lock'

06:20 Frozen thresholds on earnings and savings

10:46 Pension contributions and compound interest

Further reading and listening To learn more about the 2026/27 tax year, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
4 smart ways to use your ISAs in retirement (Blog)
How to use carry forward to make big pension payments (Blog)
What is the State Pension? (Article)
What is the triple lock on State Pensions? (Blog)
What tax changes are coming in April 2026? (Blog)

Other useful resources * Adoption leave and pay (GOV.UK) * Maternity leave and pay (GOV.UK) * National Minimum Wage and National Living Wage rates (GOV.UK) * Parental bereavement leave and pay (GOV.UK) * Paternity leave and pay (GOV.UK) * Shared parental leave and pay (GOV.UK) * Statutory Sick Pay (SSP) (GOV.UK) * The basic State Pension (GOV.UK) * The new State Pension (GOV.UK) * The Retirement Living Standards (Pensions and Lifetime Savings Association)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Did you know that over the next 30 years, Baby Boomers are expected to pass down an astonishing £5.5 trillion in assets? It's being called one of the largest movements of wealth in British history. So are you ready for the 'great wealth transfer'?

Many Millennials are facing tough financial challenges - with lingering student loans, high rent or mortgage costs and expensive childcare. A wealth transfer could be transformative for this generation.

But here's the catch: without proper estate and financial planning, many families could face hefty tax bills. And from April next year, pensions will be included in estates for Inheritance Tax purposes, which could push that tax bill much higher!

Join our host, Philippa Lamb, and our expert panel as they discuss the 'great wealth transfer':

Co-Founder of Millennial Money UK, Niaz Azad;
Solicitor and Director at Richard Reed Solicitors, Annaliese Barber; and
Senior Performance Management Manager at PensionBee; Dan Stean.

Episode breakdown 01:55 Planning for an inheritance

03:58 Generational divide between Baby Boomers and Millennials

07:27 From meritocracy, to inheritocracy

10:50 Inheritance Tax (IHT) basics and thresholds

15:07 Wills matter, even when young

18:37 Estate planning conversations create clarity

21:03 Gifting rules and pitfalls

23:56 When family dynamics and money collide

Further reading and listening To learn more about intergenerational wealth, check out these articles and podcasts from PensionBee:

E20: What to do when someone dies (Podcast)
E28: The Bank of Mum and Dad - what's the impact on your pension? (Podcast)
Estate planning - PensionBee's Milestone Moments (YouTube)
Pension beneficiaries (Article)
Pension rules after death (Article)
Inheritance Tax guide (Article)
What to do with inheritance money? (Blog)
Six money conversations you need to have with your family (Blog)
Writing a will (Article)

Other useful resources * 3 million pensioner millionaires (The Intergenerational Foundation) * Busting the "wealthy boomers" myth (Centre for Ageing Better) * British millennials still bearing scars of 2008 financial crisis, says research (The Guardian) * Check who can apply for probate and inherit if someone dies without a will (GOV.UK) * How do I write a will and how much does it cost? (MoneyHelper) * Inheritance Tax rules on gifts (MoneyHelper) * Setting up a trust fund (MoneyHelper)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Millennial Money UK (@MillMoneyUK) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Follow Richard Reed Solicitors (@richardreedsolicitors) on Instagram, LinkedIn and Facebook.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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On this bonus episode, we hear from PensionBee customer, Sanna. Like so many, she's juggling family life, buying her first home, and trying to save for retirement - all at the same time. Since having her daughter and moving back in with family to save on rent, her pension savings have taken a back seat.

We unpack the choices Sanna has faced - from rising living costs and childcare to finding faith-aligned financial products - with the help of pension expert Rachael Oku, VP Brand and Communications at PensionBee. Plus, we share helpful guidance for prioritising your future savings while juggling the more immediate, everyday costs.

Episode breakdown 01:06 Homebuying vs. saving for retirement

03:20 Rising costs and financial impact

05:05 Faith-driven investing options

08:39 Exploring multiple income streams

Further reading, listening and watching To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E41: How can multi-generational living save you money? (Podcast)
E6: What are Shariah investments? (Podcast)
What is an investment account? (Article)
What is an ISA? (Article)
What is a Stocks and Shares ISA? (Article)
How to use your property to fund your retirement (Blog)

Other useful resources * Check your State Pension age (GOV.UK) * Free Childcare for Working Parents (GOV.UK) * Pension Calculator (PensionBee) * Retirement Living Standards (Pensions UK) * The new State Pension (GOV.UK) * The UK Pension Landscape (PensionBee) * Britain's Trapped Generation (Skipton)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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One in every three households in the UK is now single occupancy. Here's the issue: being single could be costing you more. The so-called 'Singles Tax' is real. Cohabiting couples pay less per person on everything from energy bills to hotel rooms. So if you're single, or living alone, how much extra are you paying and what can you do about it?

Join our host, Philippa Lamb, and our expert panel as they discuss the 'Singles Tax':

Maths Teacher turned Broadcaster, Bobby Seagull MBE;
Content Creator, Emma Barnes;
Senior eCRM Manager at PensionBee; Valentina Adaldo.

Episode breakdown 05:18 Flatmates vs. living alone trade-offs

08:02 'Houses before spouses' movement

10:48 Redundancy when single hits harder

14:40 Building your own financial safety net

15:09 Savings hacks for couples vs. singles

18:17 Wedding season costs and pooling gifts

23:42 Saving for retirement while single

25:59 Money tips for savvy singletons

Further reading and listening To learn more about the 'Singles Tax', check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E14: What's the impact of your relationship status on your finances? (Podcast)
E27: What's the cost of friendship? (Podcast)
E37: The easiest way to retire with more money (Podcast)
How much should I pay into my pension? (Article)
How to tackle your personal finances when you're single (Blog)
How to talk to your partner about money (Blog)
Six ways to put together your emergency fund (Blog)
What is compound interest? (Blog)
What's the financial impact of multi-generational living? (Blog)

Other useful resources * Emergency savings – how much is enough? (MoneyHelper) * "Singles tax" leaves half struggling with retirement savings: research (Corporate Adviser) * The price of love: how much does dating cost – and who pays the bill? (The Guardian) * The Retirement Living Standards (Pensions UK) * The single surcharge: single Brits pay extra £3,844 a year for household bills (Uswitch) * The 'single tax' revealed: What's the true cost of being single? (Finder) * The solo penalty, from rent to holidays: 'Being single is costing me £12,000 extra a year' (The Guardian)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Bobby Seagull MBE (@bobby_seagull) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Emma Barnes (@emmaebarnes) on TikTok, YouTube and Instagram.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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In this bonus episode we hear from PensionBee customer, Tony, as he tells us his pension story. Now in his early sixties, Tony's working part-time as a handyman to top up the income he's receiving from his pension savings.

With the help of pension pro, and VP Brand and Communications at PensionBee, Rachael Oku, we'll unpack the tips you might want to take from Tony's story. This episode offers especially useful lessons for older savers approaching retirement, helping you make sense of what a 'phased retirement' could mean for your finances.

Episode breakdown 01:07 The popularity of phased retirement

03:57 Balancing mortgage payments and pension contributions

08:12 Navigating different allowances for different accounts

11:28 Waiting on the State Pension to fully retire

Further reading, listening and watching To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E45: The rise of micro-retirements (Podcast)
Bonus episode: Personal finance tips for the self-employed (Podcast)
E4: Should you pay more into your mortgage or pension? (Podcast)
How do I top up my pension? (Article)
Inheritance Tax guide (Article)
Should I take a lump sum from my pension? (Article)
What is flexi-access drawdown? (Article)
Can I take my pension at 55 and still work? (Article)

Other useful resources * Check your State Pension age (GOV.UK) * Pension Calculator (PensionBee) * Retirement Living Standards (Pensions UK) * The money purchase annual allowance (MPAA) for pension savings (MoneyHelper) * The new State Pension (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Where do you see yourself in five years? In a rapidly changing world of work, that's becoming harder to answer. The World Economic Forum predicts that by 2030, nearly 92 million jobs will disappear. The upside? 170 million new jobs will emerge.

With UK businesses feeling the squeeze, more workers will be forced to reconsider their career in the coming years. The combination of higher secondary Class 1 National Insurance contributions, increased National Minimum Wage, and the new Employment Rights Act is leading experts to forecast a rise in redundancies.

Join our host, Philippa Lamb, and our expert panel as they discuss the how to bounce back from redundancy:

Former Downing Street Adviser and Chief Podcaster at Jimmy's Jobs of the Future, Jimmy McLoughlin OBE;
Former Editorial Director of The Sunday Times and Founder of Noon, Eleanor Mills; and
Training and Culture Manager at PensionBee; Emma Ferenc-Bachelor.

Episode breakdown 02:12 How it feels being made redundant

05:46 The triple whammy hitting employers

08:20 Where new jobs will come from

10:59 Reskilling in midlife

13:20 How to sell a squiggly career

15:22 Your redundancy rights

17:25 Cutting spending and saving tips

19:06 Everyday networking

21:19 Reframing the shame around redundancy

Further reading and listening To learn more about switching careers and employment rights, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E25: How to earn more money (Podcast)
E24: How to start a business (Podcast)
Creating a portfolio income in your retirement years (Blog)
What is a workplace pension? (Pensions Explained)
5 tips for starting a new job (Blog)
8 easy steps to build an effective budget (Blog)

Other useful resources * Careers information, advice and guidance (National Careers Service) * Distance learning courses (The Open University) * Find your new career tool (PensionBee) * Rebrand Yourself Course (Noon) * Redundancy Support for Over 50s (Centre for Ageing Better)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Jimmy McLoughlin OBE (@jimmym) on TikTok, YouTube, Instagram, LinkedIn, X and Threads.

Follow Noon (@uponnoon) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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On this special bonus episode, we're doing something new! We're going to hear from PensionBee customer, Tara-Jane, as she tells us her pension story in her own words. From starting early at 17 years old, to the impact of ignoring her pension for 20 years - it's been a rollercoaster of retirement decisions.

With the help of pension pro, and VP Brand and Communications at PensionBee, Rachael Oku, we'll unpack the tips you might want to take from Tara-Jane's story. There are useful lessons for every saver in this episode, whichever stage of retirement planning you're at.

Episode breakdown 01:22 Starting a pension at 17 years old

05:37 Spending on the present, without saving for the future

09:49 Frustrations with rising State Pension age

13:56 When was the last time you did a pension review?

Further reading, listening and watching To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

Episode transcript (Blog)
E43: Who wants to be a pension millionaire? (Podcast)
E35: The cost of divorce (Podcast)
E34: Unpacking 10 years of pension changes (Podcast)
How do I top up my pension? (Article)
Should I take a lump sum from my pension? (Article)
Starting a pension at 50 (Blog)
What is Auto-Enrolment? (Article)
What is compound interest? (Blog)
Pension Sharing Order (Article)
Should I consolidate my pensions? (Article)
What are pension charges? (Article)
Are high charges eroding the value of your pension? (Blog)

Other useful resources * Check your State Pension age (GOV.UK) * Over £50 billion in pension savings at risk of being lost in the UK (PensionBee) * Pension Calculator (PensionBee) * Retirement Living Standards (Pensions UK) * The new State Pension (GOV.UK)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Happy New Year from all of us at The Pension Confident Podcast. Every month, with expert guests, we dig into those money and pension questions that can feel so complicated. We just lay out the answers in simple, jargon-free language.

There'll also be bonus content throughout the year to keep you up to speed on everything from stock market trends to Downing Street decisions. Plus, we'll be hearing from savers just like you.

The first episode of 2026 will be live at the end of this month, and with change in the air, it's all about bouncing back from redundancy. As our experts will give tips for how to turn a set back into a step up on the career ladder.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

On this special bonus episode, we're turning the mic around. We hear from our Host, Philippa Lamb, and Producer, Lucy Greenwell, as they discuss their favourite moments from Series 4 of The Pension Confident Podcast.

We've had some brilliant guests - from divorce lawyers to behavioural experts, authors to financial influencers, along with some of our favourite people from PensionBee HQ. On this episode, we'll hear from:

Author and Founder of Mrs Mummypenny, Lynn Beattie;
Co-Founder at The Divorce Surgery, Harry Gates;
Founder and Editor of Money to the Masses, Damien Fahy;
Founder of Talented Ladies Club, Hannah Martin;
Co-Founder of Startup School for Seniors, Suzanne Noble;
Senior Software Engineer at PensionBee, Anindya Bhattacharyya; and
Behavioural Expert and Co-Founder of Shaping Wealth, Neil Bage.

Episode breakdown 02:20 Biggest "I never knew" moment

04:07 Most shocking number

06:01 Surprising money tip

08:34 Funniest episode

10:22 Best episode for beginners

14:12 See you next year, for Series 5

Further reading, listening and watching To learn more about the topics discussed in this bonus episode, check out these articles, podcasts and videos from PensionBee:

Episode transcript (Blog)
E35: The cost of divorce (Podcast)
E37: The easiest way to retire with more money (Podcast)
E38: How to shift careers (Podcast)
E43: Who wants to be a pension millionaire? (Podcast)
Creating a portfolio income in your retirement years (Blog)
Don't divorce your right to a decent pension (Blog)
How much should you save for retirement? (Video)
Pension Calculator (Calculator)
What happens to my pension during a divorce? (Video)
What is compound interest? (Blog)

Other useful resources * 'Feel the Fear and Do It Anyway' by Susan Jeffers' (Book) * Government's free Pension Tracing Service (GOV.UK) * Pension disengagement could cost you up to £500,000 in retirement (PensionBee) * The Carer's Pension Gap Report (PensionBee) * The UK Pension Landscape (PensionBee) * Your Future Self: How to Make Tomorrow Better Today by Hal Hershfield (Book)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

Imagine hitting pause on your career, not decades from now, but far sooner. What would you do with all that freedom? Today we're talking about the rise of micro-retirements, or sabbaticals, as they're better known.

It's becoming increasingly popular with Gen Z as a bold way to take control of their time, blending career progression and meaningful rest. Unlike traditional retirement, which often feels like a distant milestone, micro-retirements offer the chance to hit pause regularly.

Join our host, Philippa Lamb, and our expert panel as they discuss the rise of micro-retirements:

Founder of All Things Money, Ola Majekodunmi;
Brand Consultant and Content Creator, Lauren Spearman; and
Senior Performance Marketing Manager at PensionBee, Tom Carter.

Episode breakdown 02:50 How popular are micro-retirements?

04:50 Making the most of our health capital

08:40 Tips for saving towards two retirements

11:00 Are sabbaticals the cure for burnout?

14:42 Switching off during your sabbatical

18:35 Financial planning for your micro-retirement

Further reading, listening and watching To learn more about taking a career break and saving for retirement, check out these articles and podcasts from PensionBee:

E26: Are you ready for your 100-year life? (Podcast)
E37: The easiest way to retire with more money (Podcast)
E38: How to shift careers (Podcast)
How to catch up on pension payments (Blog)
Is it time to find your new career? (Blog)
5 tips for starting a new job (Blog)
6 steps for making a successful career switch (Blog)
6 ways to put together your emergency fund (Blog)

Other useful resources * Understanding Sabbaticals: Benefits, Planning, and Career Impact (Investopedia) * FIRE Explained: Financial Independence, Retire Early – Rules, Types & Planning (Investopedia)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow All Things Money (@allthingsmoney_) on TikTok, Instagram, LinkedIn, Facebook and X.

Follow Lauren Spearman (@spearmanlauren) on TikTok, Instagram and LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

Labour said this year's Autumn Budget aims to address an economy that's "not working well enough for working people". But will the changes they've announced leave you better off?

Before Budget day, analysts were estimating that the government was facing a £30 billion shortfall. The challenge for Chancellor Rachel Reeves was to fill that hole while balancing economic growth and fairness.

Join our host, Philippa Lamb, and our expert guest as they unpack exactly what the Chancellor announced and what it means for your savings:

Founder and CEO of Boring Money, Holly Mackay.

Episode breakdown: 02:07 Changes to take-home pay and cost of living

04:39 Impact of raised National Insurance and Minimum Wage for employers

07:45 How will homeowners and landlords be hit by the Budget?

10:08 What's been announced about savings, investments and pensions?

13:55 With Christmas around the corner, any good news for families?

Further reading: To learn more about taxes, pensions and savings, check out these articles from PensionBee:

Bonus episode transcript (Blog)
How does inflation affect pensions? (Blog)
Should I pay my bonus into my pension? (Blog)
Sole trader vs limited company: how do the tax savings stack up? (Blog)
Three ways to use your tax-free lump sum (Blog)
What does the Autumn Budget 2025 mean for your pension? (Blog)
What is a salary sacrifice pension? (Article)

Other useful resources: * Autumn Budget 2025: A summary (GOV.UK) * Making pension contributions (PensionBee) * What is an ISA? (PensionBee) * What is a Cash ISA? (PensionBee) * What is a Lifetime ISA (LISA)? (PensionBee) * What is a Stocks and Shares ISA? (PensionBee) * What is the State Pension? (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Boring Money (@boringmoney) on X, Instagram, TikTok, Facebook and LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

From Buy Now, Pay Later plans to monthly subscriptions, modern conveniences promise to make our lives easier. But these small payments can quietly stack up into a sizable debt that jeopardises our financial future.

For example, a £10-a-month streaming service seems harmless, but six months later, you might be paying for five you barely use. Or those 'Buy Now, Pay Later' purchases you thought were manageable could turn into growing debt.

Join our host, Philippa Lamb, and our expert panel as they discuss the hidden cost of convenience:

Founder of Go Fund Yourself, Alice Tapper;
Director at Fairer Finance, Tim Hogg; and
Head of Content Marketing at PensionBee, Danielle Skerrett.

Episode breakdown: 03:07 Spending season is here

06:23 £30 bill, or pay £10 today?

08:35 It's free for you, but someone's paying

10:12 The evolution of frictionless spending

13:33 Where's the regulation?

17:23 Don't let technology push you into high spending

19:51 Masterclass on proper usage

24:28 Dopamine hit of saving money

27:41 Tips for managing seasonal spending

Further reading, listening and watching: To learn more about budgeting and debt, check out these articles and podcasts from PensionBee:

Episode 44 transcript (Blog)
Bonus episode: six tips for automating your personal finances (Podcast)
E40: The ADHD tax - how much is it costing you? (Podcast)
E10: What are the effects of debt and what can you do if you find yourself in it? (Podcast)
4 reasons why investing in your pension beats those Black Friday deals (Blog)
5 things I spent money on in my 20s and 30s that cost me greatly (Blog)
50-30-20: How the budgeting 'rule of thumb' is changing in the face of the cost of living crisis (Blog)
How much money do you need to retire in the UK? (Article)
The effects of debt and how we can break the cycle (Blog)
What is the impact of debt on mental health? (Blog)

Other useful resources: * Buy now, pay later credit: User characteristics and effects on spending patterns (Harvard Business School) * Get free debt advice (StepChange) * Help with debt (Citizens Advice) * How much do we spend during the festive season? (Bank of England) * How to save £667.95 in 2025 with the 1p Savings Challenge (MoneySavingExpert) * Track your finances and budget app (Emma) * Your personal money-saving app (Snoop)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Alice Tapper (@gofundyourself) on Instagram, LinkedIn and X.

Follow Fairer Finance (@fairerfinance) on Instagram, LinkedIn, Facebook and X.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

Building a £1 million pension pot may be more achievable than you think. But how much money will that £1 million give you in retirement?

Join our host, Philippa Lamb, and our expert panel as they discuss what it takes to build £1 million in your pension from the monthly contributions needed depending on your age, to the role that compound interest and employer contributions can play.

Financial Expert and Founder of Much More with Less, Faith Archer;
Founder of Money to the Masses, Damien Fahy; and
VP Personal Finance at PensionBee, Maike Currie.

Episode Breakdown:

01:06 How many pension millionaires are there?

02:55 Monthly payments needed to grow a £1 million pension

04:50 How can parents help their kids to become a millionaire?

08:20 How much retirement income can you take from a £1 million pension?

09:13 The 4% withdrawal rule

09:54 Is £40,000 per year enough in retirement?

11:03 The State Pension

12:22 Inflation and the impact on savings and pensions

13:42 How can you save £1 million?

14:34 Pension tax relief and employer contributions

19:42 Junior pensions and Inheritance Tax

20:48 Workplace pensions and Auto-Enrolment

22:44 How can self-employed people start a pension?

23:38 £4 on a coffee vs. £4 in your pension

27:36 How much can £5,000, £10,000 and £20,000 grow in 40 years?

28:16 The annual allowance on pension contributions

Further reading, listening and watching:

Episode 43 transcript (Blog)
How to build a £1 million pension pot (Blog)
What is the 4% rule for withdrawals in retirement? (Blog)
What is the State Pension? (Blog)
Employer matched contributions (Blog)
What is a SIPP (Self-Invested Personal Pension)? (Blog)
Pension contribution limits (Blog)
Inheritance Tax guide (Blog)
7 of the best ways of giving money to grandchildren (Blog)
What is Auto-Enrolment (Blog)
Do you know what pension plan you're in? (Blog)
Are high charges eroding the value of your pension? (Blog)

Other useful resources:

Pension Calculator (PensionBee)
Inflation Calculator (PensionBee)
Pension Tax Relief Calculator (PensionBee)
A simple strategy to help your child become a millionaire (Money to the Masses)
Retirement Living Standards (Pensions UK)
Claim tax relief on your private pension payments (GOV.UK)
How to make your child a millionaire - for just £51,840 (The Times)
Compound Interest Calculator (The Calculator Site)
The Millionaire Next Door (Dr. Thomas J. Stanley)
Warren Buffett (Forbes)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Faith Archer (@MuchMoreWithLess) on LinkedIn, Facebook and X.

Follow Money to the Masses (@moneytothemasses) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

University has never been more expensive. A 2025 report from the Higher Education Policy Institute found that students need £61,000 to have a minimum socially acceptable standard of living over a three-year degree.

But even the maximum annual Maintenance Loan available to students from the lowest income households would only cover half this. So who’s expected to plug the gap: the students or their parents?

Join our host, Philippa Lamb, and our expert panel as they discuss the financial realities new students are facing and how parents can support their children through university.

Communications Director at Save the Student, Tom Allingham;
Founder of Pennies to Pounds, Kia Commodore; and
Engineering Manager at PensionBee, Stewart Twynham.

Episode Breakdown: 04:10 What are Tuition and Maintenance Loans?

07:11 How families can navigate university costs

10:54 The impact of household income

15:18 Is university good value for money?

18:15 Price of a pint across the UK

20:28 Can students supplement costs with part-time jobs?

22:00 Should parents pay for their kids to go to university?

23:51 Financial health check for parents

28:04 How can student finance be improved?

Further reading, listening and watching: To learn more about supporting students at university, check out these articles, podcasts and videos from PensionBee:

Episode 42 transcript (Blog)
E41: How can multi-generational living save you money? (Podcast)
E28: The Bank of Mum and Dad - what’s the impact on your pension? (Podcast)
5 tips for parents paying for university (Blog)
Building your family’s financial resilience (Video)
Is it better to pay off your student loan or top up your pension? (Blog)
Retirement planning in your 50s (Article)
Should you pay off your child’s student loan? (Blog)
Starting a pension at 50 (Blog)

Other useful resources: * Changes to tuition fees: 2025 to 2026 academic year (GOV.UK) * Mapped: The price of a pint across the UK (The Independent) * Parents’ guide to university 2025 (Save the Student) * Student finance for undergraduates (GOV.UK) * Student living costs in the UK 2025 (Save the Student) * Student Money Survey 2024 Results (Save the Student) * The impact of undergraduate degrees on lifetime earnings (IFS) * The UK Pension Landscape (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Save The Student (@SaveTheStudent) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Follow the Pennies To Pounds (@penniestopound) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

For this Pension Awareness Week bonus episode, we’re looking at how the pension transfer process works and why it should be improved to give savers more control of their money.

We’re spotlighting the need for reform in the pensions industry, specifically with a ‘Pension Switch Guarantee’ to make pension transfers as simple as switching banks. Only the government has the power to change this, so if you’d like to see a 10-day Pension Switch Guarantee, you can sign the government petition running until 24 January 2026.

Pension switching is a subject close to the heart of PensionBee’s Founder and CEO, Romi Savova. Join our host, Philippa Lamb, as we rewind to episode 34 where Romi unpacked 10 years of pension changes.

Episode breakdown: 00:48 What inspired Romi to create PensionBee?

02:00 More jobs means more lost pensions

02:37 Take an interest in your retirement

03:45 It should be simpler to switch pension providers

04:56 Sign the petition for a ‘Pension Switch Guarantee’

Further reading To learn more about pension transfers and personal finances, check out these articles from PensionBee:

Episode transcript (Blog)
Annual benefit statements are destroying the planet (Press)
Pension transfers: part two - why consumers need a 10-day pension switch guarantee (Report)
How can I transfer pensions? (Article)
Over £50 billion in pension savings at risk of being lost in the UK (Press)
The 10-day Pension Switch Guarantee (Press)
What is the pension age? (Article)
What’s the Pension Switch Guarantee? (Blog)

Other useful resources: * How long should you stay in one job? (BBC) * Legislate to mandate offer of electronic pension transfers and higher standards (Petition)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

We’re taking a short break over August, but we’ll be back in September with brand new Series Four episodes and bonus content.

We’ve covered a lot of ground already this year, everything from relationships, to AI and tech, the economy and - clue’s in the title - pensions.

If you missed one earlier in the year, don’t worry, you can catch up on every single episode so far wherever you get your podcasts:

E35: The cost of divorce
E36: Is my pension funding climate change?
E37: The easiest way to retire with more money
E38: How to shift careers
E39: Trump, tariffs and what it all means for your pension
E40: The ADHD tax - how much is it costing you?
E41: How can multi-generational living save you money?

So join us as we bust industry jargon, dispel myths and challenge the stereotypes that can make it so hard for us to feel really financially confident.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast; and
The Pension Confident Podcast on YouTube.

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

Why are more families choosing to live with two, three, or even four generations under one roof? Rising rent, home prices, and living costs can make sharing a home a smart way to save money.

Maybe that’s why multi-generational living is the fastest-growing household type in the UK right now. But not all reasons are financial. For some, it’s a cultural norm or a chance to care for young children and elderly relatives.

Join our host, Philippa Lamb, and our expert panel as they discuss the financial impact, cultural motives, and care challenges of multiple generations living under one roof.

Comedian of the award-winning duo, BAM! Comedy; Sam Bartley;
Senior Economist at the Resolution Foundation think-tank, Molly Broome; and
Senior Social Media Manager at PensionBee, Simmy Kaur.

Episode Breakdown: 01:55 Rise of the boomerang generation

04:06 Why move back home?

06:52 Grandparents and grandchildren under one roof

08:14 The social stigma of returning

09:02 Transitioning from in-laws to flatmates

10:42 Navigating bills and boundaries

12:19 Springboard or brakes on hitting milestones?

13:51 What age are people buying their first home?

15:38 Childcare subsidised by grandparents

17:15 Savings on eldercare costs

19:25 Findings from Carer’s Pension Gap report

20:52 Staying in everyone’s good books

22:20 Working from the family home

Further reading, listening and watching: To learn more about mixing family and finances, check out these articles, podcasts and videos from PensionBee:

Episode 41 transcript (Blog)
E4: Should you pay more into your mortgage or pension? (Podcast)
E19: Can you afford to have kids? (Podcast)
E22: Why is renting so expensive? (Podcast)
E28: The Bank of Mum and Dad (Podcast)
Childcare options (Pensions Explained)
How to sell inherited property (Blog)
Inheritance Tax guide (Pensions Explained)
Is the rising cost of living impacting pension saving? (Blog)
Why has renting got so expensive? (Blog)
Estate planning (Video)
How to financially prepare for starting a family (Video)

Other useful resources: * An intergenerational audit for the UK 2024 (Resolution Foundation) * Average childcare costs (MoneyHelper) * Housing history and future housing (GOV.UK) * Loneliness (Age UK) * Paying for your own care (NHS) * The Carer’s Pension Gap Report (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow BAM! Comedy (@bamcomedyuk) on TikTok, YouTube, Instagram, LinkedIn, Facebook.

Follow the Resolution Foundation (@resolutionfoundation) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

For this special bonus episode, we’re looking at how automation can help you manage your personal finances. Standing orders, calendar reminders and apps - they can all save us time and make sure we keep our payments and savings on track. We’ve gathered six top tips and insights from our guests to help you get your finances in order.

Join our host, Philippa Lamb and our expert guests to hear the best bits from the following episodes:

E13: How does your financial personality impact your relationship with money? With Timi Merriman-Johnson, Emma Maslin and Brooke Day
E27: The cost of friendship with Dr. Tara Quinn-Cirillo, Niaz Azad and Brooke Day
E31: How can I improve my credit score? With John Webb, Clare Seal and Luis Mejia
E32: How to understand your pension balance with Tim Hogg, Faith Archer and Alex Langley
E37:The easiest way to retire with more money with Neil Bage, Bola Sol, and Laura Dunn-Sims

Episode breakdown: 00:41 Establishing good financial habits

01:28 Sharing expenses

02:14 Automation and credit scores

04:26 Boosting your credit score

06:00 Stress-free retirement planning

07:22 Financial personalities

Further reading, listening and watching: To learn more about automation and personal finances, check out these articles and resources from PensionBee:

Understanding your money personality (Blog)
What are the best mobile apps to save you money? (Blog)
Top 10 money apps for your smartphone (Blog)
How to talk to friends about money (Blog)
How can I improve my credit score? (Blog)
How open banking is serving our customers (Blog)
How does financial planning change over the course of life? (Blog)
Making pension contributions (Pensions Explained)
Self-employed pension
Pension Calculator (Tool)

Other useful resources: * The Money Whisperer personality quiz * Splitwise * How to check your credit report and file disputes (Experian) * Why credit scores matter in retirement (Experian)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

ADHA can affect how your brain handles things like planning, focus and organisation, which can make it particularly challenging to stay on top of your finances. Things like paying off debt, saving into a pension, paying a bill on time can feel really overwhelming.

In this episode we explore exactly why money and ADHD can clash, find out what can help, and take a look at how to build systems that could work for you.

Join our host, Philippa Lamb, and our expert panel as they break it all down.

Dr Tara Quinn, Registered Practitioner Psychologist;
Krystle McGilvery, Financial Strategist and Behavioural Expert; and
Emily Tribe, Head of Culture, Inclusion and Wellbeing, PensionBee

Episode Breakdown:

01:27 What is ADHD?
05:13 Managing money with ADHD
06:33 The ADHD tax
07:57 Executive dysfunction
09:53 Impulsivity
13:38 Time blindness
18:37 Body doubling
20:19 Emotional dysregulation
22:06 Support and resources
23:45 ADHD and the finance industry

Further reading and listening: To learn more about ADHD and finances, check out these articles from PensionBee:

Episode 40 transcript (Blog)
E15: How can we achieve financial inclusion? (Podcast)
8 easy steps to build an effective budget (Blog)
The effects of debt and how we can break the cycle (Blog)
How can I improve my credit score? (Blog)
How PensionBee’s supporting vulnerable customers (Blog)
Savings and investments
Pension contributions (Pensions Explained)
Pensions Age (Pensions Explained)

Other useful resources: * The ADHD Tax (ADHD Traction) * “I’ve lost over £4000 because of the ADHD tax” (BBC) * Our view of ADHD needs to change – the disorder presents differently in women and girls (The Independent) * The ADHD Tax study (Monzo) * Harnessing neurodiversity to create accessible banking (NatWest) * Neurodiversity at Barclays (Barclays) * UK challenger bank Neuros to offer money management for neurodiverse users (FinTech Futures) * ADHD and Money (Think ADHD) * How to be financially responsible whilst having fun (Female Invest) * ADHD in adults (NHS) * ADHD UK * ADHD Foundation

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Dr Tara Quinn on Instagram, LinkedIn, Facebook, YouTube and X.

Follow Krystle McGilvery on Instagram and LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

In this special bonus episode of The Pension Confident Podcast, we’re discussing how to manage your pension and your personal finances whether you’re self-employed, freelance or running your own business. PensionBee’s Invisible Worker research - which surveyed 1,000 British gig workers - found more than half of them can’t afford to save into a pension. Nearly 30% of them also said they wouldn’t know where to start if they did want to set one up.

Join our host, Philippa Lamb as she shares helpful tips from our expert guests from the following episodes:

E2: How to keep your self-employed pension on track with Emma Jones CBE and Martin Parzonka
E17: Should you save into a pension or an ISA? With Claer Barrett, Damien Fahy, Peter Komolafe and Becky O’Connor
E24: How to start a business with Emilie Bellet, Jinesh Vohra and Lisa Picardo

Episode breakdown:

01:11 Saving for the short-term

02:54 Balancing looking after your business and yourself

04:00 Can your business act as a retirement fund?

05:30 Keeping cash aside

06:35 Business owners and cash cushions

07:45 Making pension contributions on a varying income

08:42 Putting money in a pension vs. a cash savings account

09:30 Keeping an eye on the future

Further reading, listening and watching:

To learn more about finances and pensions for the self-employed, check out these articles, podcasts and videos from PensionBee:

Episode transcript
More than a million ‘invisible’ workers can’t afford to save for retirement (Article)
How to start a pension when you're self-employed (Blog)
How to retire early as a self-employed worker (Blog)
Saving for the future as a self-employed worker (Blog)
How to save for the future on an unpredictable income (Blog)
7 personal finance tips for self-employment (Blog)
Sole trader vs limited company: how do the tax savings stack up? (Blog)
Is there such a thing as the perfect pension for the self-employed? (Blog)
The rise of older freelancers: overcoming ageism and embracing self-employment (Blog)
Self-employed? How to, and why you should, DIY your pension (Blog)
How do we reduce the self-employed pension gap? (Blog)
What pension can I get if I'm self-employed? (Blog)
What is a SIPP (Self-Invested Personal Pension)? (Blog)
Private pensions for the self-employed (Blog)
Pension contributions from your limited company (Blog)
What happens to pensions in special circumstances? (Video)
How to make a limited company pension contribution (Video)
What PensionBee customers think - Rotimi’s story (Video)
Self-employed pensions (Video)
PensionBee’s self-employed pension (Web page)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

In this special bonus episode of The Pension Confident Podcast, we’re diving deeper into the topic of market volatility. Episode 39 explored President Trump’s tariffs and the impact on pension balances and in this episode, we’re going to be answering some popular questions that came in off the back of that - with some helpful explainers from our expert guests.

Join our host, Philippa Lamb as she shares helpful explainers from our expert guests from the following episodes:

E32: How to understand your pension balance with Tim Hogg, Faith Archer and Alex Langley
E29: Pensions vs. cash - which is best? With Holly Mackay and Martin Parzonka
E34: Unpacking 10 years of pension changes with Damien Fahy, Sam Brodbeck and Romi Savova

Episode breakdown: 01:20 What is a pension balance?

02:36 Why do pension balances go up and down?

03:42 How to deal with anxious feelings during market volatility

04:49 How are pensions invested and what is diversification?

06:13 How can volatile stock markets be an investment opportunity?

07:02 How often should you check your pension balance?

07:56 What’s happened after previous market downturns?

Further reading:

To learn more about some of the themes discussed, check out these articles and podcasts from PensionBee:

E10: What are the effects of debt and what can you do if you find yourself in it? (Podcast)
E15: How can we achieve financial inclusion? (Podcast)
E23: Common financial mistakes and how to avoid them (Podcast)
Retirement planning in your 20s
The importance of financial inclusion
What to do with inheritance money
Can a guarantor be retired?
How to talk about money

Other useful resources:

What is a credit score? How is it calculated and what affects it? (Loqbox)
Why credit scores matter in retirement (Expedia)
Getting to grips with your credit report and score (TransUnion)
Credit report errors can ruin your credit score - are your records correct? (Which?)
Getting your credit score from a bank (Investopedia)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Clare Seal (@clare.seal) on Instagram, LinkedIn and X.

Follow John Webb on LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

In this bonus episode of The Pension Confident Podcast, we return with part two of our financial crash course for parents. If you haven’t heard part one yet don’t worry, you can go back and find it on our feed.

Tune in to hear the best bits from episodes eight and 23, as our host, Philippa Lamb and our expert guests cover everything from pocket money economics to talking to your children about how debt works. We hear from:

Certified Money Coach, Mentor, and Founder of The Money Whisperer, Emma Maslin;
Personal Finance Journalist, Laura Miller;
Co-Founder and CEO of NatWest Rooster Money, Will Carmichael; and
Personal Finance Expert and Founder of Mrs MummyPenny, Lynn Beattie.

Episode Breakdown:

01:03 Understanding compound interest

02:22 Pocket money economics

04:05 Teaching kids about debt

05:29 Juggling a family and finances

06:39 Differentiating between rich and wealthy

08:24 How kids can teach us about money

Further reading and listening: To learn more about personal finance tips for new parents, check out these articles and podcasts from PensionBee:

Episode transcript
5 steps to plotting your personal finance roadmap
E8 of The Pension Confident Podcast: How to teach kids about money (Podcast)
E14 of The Pension Confident Podcast: What’s the impact of your relationship status on your finances? (Podcast)
E19 of The Pension Confident Podcast: Can you afford to have kids? (Podcast)
How to teach kids about money
Money saving tips for families
Should I teach my children about money?
Teaching kids about money: How can we improve financial literacy among children?
What is compound interest?
What is compound interest? - Pensions 101 (Video)

Other useful resources: * Child Benefit (Gov.uk) * How do you tell kids you cannot afford something? (StepChange) * How much pocket money should I give? (Rooster Money) * How to teach kids about money (MoneyHelper) * Mumsnet (Mumsnet) * New apps are teaching children how to manage their money (The Economist) * Tax-Free Childcare (Gov.uk)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on X, YouTube, Threads, Instagram, TikTok, Facebook and LinkedIn.

Follow Emma Maslin (@MoneyWhisperer_) on X, Threads, Instagram, Facebook and LinkedIn.

Follow Laura Miller (@thatlaurawrites) on X and LinkedIn.

Follow NatWest Rooster Money (@rooster_money) on X, YouTube, Threads, Instagram, TikTok, Facebook and LinkedIn.

Follow Lynn Beattie (@MrsMummypennyUK) on YouTube, Instagram, Facebook and LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

In this bonus episode of The Pension Confident Podcast, we’re sharing the best bits from one of our live events - the PensionBee Roadshow. In our Manchester edition, our expert guests shared tips for how you can start preparing for a happy retirement. Tune in to hear from:

Financial Journalist and Founder of Much More With Less, Faith Archer;
Financial Expert, Author and Host of The Conversation of Money, Peter Komolafe;
Personal Finance Expert and Founder of Pennies to Pounds, Kia Commodore;
Personal Finance Expert and Founder of Mr MoneyJar, Timi Merriman-Johnson; and
CMO at PensionBee, Jasper Martens.

Episode breakdown:

00:50 Visualising your retirement savings

01:26 Workplace pensions and Auto-Enrolment

02:42 How to stick to your savings goals

03:40 Three ways to boost your pension savings

04:44 Balancing rising costs and saving for your future

05:41 Learning about investments and pensions

06:59 Understanding where your pension is invested

08:02 Pension Wise

08:24 What is pension drawdown?

09:15 Leaving your pension to loved ones

Further reading, watching and listening:

How to plan for a happy retirement (YouTube)

How to set a good retirement goal (YouTube)

What happens at a Pension Wise appointment? (YouTube)

Different ways to access your pension pot (YouTube)

E18 of The Pension Confident Podcast: How to not run out of money in retirement (Podcast)

E11 of The Pension Confident Podcast: How to prepare for a happy retirement (Podcast)

E5 of The Pension Confident Podcast: What can we do to cope with the cost of living crisis? (Podcast)

How much income do you need in retirement?

How much money do you need to retire in the UK?

Preparing for retirement checklist

What income would a £100,000 pension pot give you?

What is Auto-Enrolment?

What makes a happy retirement?

Pension decumulation

Retirement planning in your 20s

Retirement planning in your 30s

Retirement planning in your 40s

Retirement planning in your 50s

Pension rules after death

Pension beneficiaries

Other useful resources:

Pension Drawdown Calculator (PensionBee)

Pension Calculator (PensionBee)

Pension Wise (MoneyHelper)

Pension Quality Mark - PQM (Pensions and Lifetime Savings Association)

Retirement Living Standards (Pensions and Lifetime Savings Association)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

The Money Basics: Manage money, plan for the future

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Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

The Pension Confident Podcast is taking a short summer holiday this August, but don’t worry - we’ve got some bonus content coming while you wait for the rest of Series Three!

The next bonus episode will be a fantastic conversation from the PensionBee Roadshow last year, all about how you can save for a happier retirement. Plus, look out for part two of our personal finance tips for parents.

In the meantime, you can go back and listen to all our episodes so far wherever you get your podcasts. We’ve covered so much already from the Bank of Mum and Dad and the real cost of your friendships, to saving to live to age 100 and how to earn more money.

Don’t forget to subscribe to your favourite podcast app so you never miss an episode. Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

For many people diligently building their nest egg, the question of money’s link to happiness is a natural one. After all, financial security can reduce a significant source of stress. But can simply having more money guarantee a life filled with joy?

This month on The Pension Confident Podcast we’re talking about the age-old question: can money buy happiness? Join our host, Philippa Lamb, and our expert panel as they discuss the relationship between money and happiness.

Author and Co-Founder of The Humble Penny and The Financial Joy Academy, Ken Okoroafor;
Occupational Psychologist and chartered member of the British Psychological Society, Kim Stephenson; and
PensionBee’s Head of Culture, Inclusion and Wellbeing, Emily Tribe.

Episode Breakdown: 01:23 At different ages, different things matter

04:10 Does money equal happiness?

06:30 The source of money changes the equation

10:10 Understanding your appetite for risk

13:57 Maslow’s hierarchy of needs

16:20 Avoiding lifestyle creep and finding joy

19:10 The marshmallow test

23:13 How can you boost your happiness

Further reading: To learn more about where you could put your savings, check out these articles and podcasts from PensionBee:

4 reasons why sorting your pension is important for your health
E11: How to prepare for a happy retirement
E18: How to not run out of money in retirement
E25: How to earn more money
How much money do you need to retire in the UK?
Is it time to find your new career?
Making happiness a habit
Preparing for retirement checklist
Work doesn’t have to end at retirement - the over-60s make happy entrepreneurs

Other useful resources: * 10 Ways Life Is a Marshmallow Test (Psychology Today) * Being richer than your peers can make you happier (Financial Accountant) * Does money buy happiness, according to science? (Clearer Thinking) * Financial Joy by Ken & Mary Okoroafor (Book) * Maslow’s Hierarchy Of Needs (Simply Psychology) * Pension Calculator (PensionBee) * Seligman’s PERMA+ Model Explained: A Theory of Wellbeing (Positive Psychology) * What Is Loss Aversion? (Psychology Today)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Humble Penny (@TheHumblePenny) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Follow Kim Stephenson (@kimpstephenson) on LinkedIn and X.

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Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

In this bonus episode of The Pension Confident Podcast, we have tips for new parents: from the benefits you could be eligible for, to the impact parenthood could have on your pension.

Tune in to hear the best bits from episodes three and 19, as our host, Philippa Lamb and our expert panels discuss nesting, building emergency funds as a new parent and more. We hear from:

CEO of Mumsnet, Justine Roberts CBE;
Founder of Vestpod, Emilie Bellet;
Money Advice Editor at The Telegraph, Sam Brodbeck;
Senior Digital Editor at Money Week, Kalpana Fitzpatrick;
PensionBee’s CTO, Jonathan Lister Parsons; and
PensionBee’s CEO, Romi Savova.

Episode Breakdown: 00:37 The reality of Shared Parental Leave

02:22 Statutory rights for adoption

03:13 How to budget for a new baby

04:44 Anticipating early costs and childcare expenses

06:23 Exploring Tax-Free Childcare Allowance and Child Benefit

08:05 Parenthood and the Gender Pension Gap

09:31 Starting a conversation, before starting a family

Further reading and listening: To learn more about personal finance tips for new parents, check out these articles and podcasts from PensionBee:

E19: Can you afford to have kids? With Justine Roberts CBE, Kalpana Fitzpatrick and Jonathan Lister Parsons
E3: How do we tackle the gender pension gap? With Sam Brodbeck, Emilie Bellet and Romi Savova
Pensionbee’s research on fair sharing of childcare
PensionBee Parental Leave Policy
What I learned about mothers and their pensions from answering Mumsnet questions
Why parents need to make a Child Benefit claim to protect their State Pension

Other useful resources: * Mumsnet * Statutory Maternity Pay and Leave (Gov.uk) * Statutory Paternity Pay and Leave (Gov.uk) * Statutory Adoption Pay and Leave (Gov.uk) * Disability Living Allowance for children (Gov.uk) * Tax-Free Childcare (Gov.uk) * Child Benefit (Gov.uk) * Boosting paternity leave has economic benefits (Pregnant Then Screwed) * Average childcare costs (MoneyHelper) * Transparency on parental pay (ABI)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

Follow Mumsnet (@Mumsnet) on X, Instagram, Facebook, TikTok and LinkedIn.

Follow Vestpod (@VestPod) on X, Instagram, TikTok, Facebook and LinkedIn.

Follow Kalpana (@KalpanaFitzpatrick) on X, LinkedIn, Instagram and TikTok.

Follow Sam (@sambrodbeck) on X and LinkedIn.

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Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.

Since the start of 2022, the Bank of England has raised the base interest rate 13 times. So it’s no surprise that savers are reconsidering where to put their money. Cash savings are easily accessible but may lose value due to inflation. Meanwhile, pensions offer potential long-term growth but lock away funds until retirement.

This month on The Pension Confident Podcast we’re talking about the pros and cons of pensions and cash - how can you make the most of both? Join our host, Philippa Lamb, and our expert panel as they discuss building an emergency fund, making the most of your cash savings and saving for retirement.

Founder and CEO of Boring Money, Holly Mackay; and
PensionBee’s VP Product, Martin Parzonka.

Episode Breakdown: 01:36 How does inflation eat away at our money?

02:52 Shopping around for the best rate

07:44 Building an emergency fund

10:51 State benefits that are impacted by savings

11:57 What are the rules on cash savings?

16:39 Small steps to save for your future

18:26 Are pensions ‘hot’?

22:36 The case for personal pension saving

Further reading: To learn more about where you could put your savings, check out these articles and podcasts from PensionBee:

5 lessons my cashflow catastrophe taught me
5 ways to protect your pension income against inflation
How to diversify your pension investments
Pension pot or cash savings - which is best?
Should I pay my bonus into my pension?
What income would a £100,000 pension pot give you?
Will taking my pension affect my benefits?
Your guide to Lifetime ISAs (LISAs) and pensions

Other useful resources: * Emergency savings – how much is enough? (MoneyHelper) * How does inflation affect pensions? (PensionBee) * Should I have a savings account or pension? (MoneySuperMarket) * What to do when interest rates rise (PensionBee) * With cash earning 5%, why risk money on the stock market? (Schroders) * Women’s lack of confidence widens gender investment gap (Financial Times)

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

Follow Boring Money (@boringmoney) on X, Instagram, TikTok, Facebook and LinkedIn.

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Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

Listen to part four of our personal finance tips and hear from our expert guests as they discuss switching current accounts, sharing parental leave and why you should be talking about money with your loved ones.

Listen to parts one, two and three.

In this bonus episode, you’ll hear helpful tips from:

PensionBee's CMO; Jasper Martens;
Founder of financial literacy platform, All Things Money; Ola Majekodunmi;
Personal Finance Expert and Founder of Mrs MummyPenny; Lynn Beattie;
Founder and CEO of Propelle; Ayesha Ofori;
Independent Non-Executive Director for PensionBee; Lara Oyesanya FRSA;
PensionBee’s CTO; Jonathan Lister Parsons; and
Founder and CEO of Vestpod; Emilie Bellet.

Episode Breakdown:

00:25 The benefits of switching current accounts

02:03 Saving vs. investing your money

04:24 Investment accounts and fees

05:58 Parental leave and pensions

07:31 Separating personal and business finances

09:14 Talking about money with loved ones.

Read the transcript.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
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Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

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For many young people, the only way to afford university or to get a foot on the property ladder is with financial support from family members. According to a report by The Institute for Fiscal Studies (IFS), almost a third of young people receive at least one transfer during their 20s and early 30s - most commonly from a parent.

This month on The Pension Confident Podcast we’re discussing the hot topic of ‘the Bank of Mum and Dad’. Join our host, Philippa Lamb, and our expert panel as they discuss how to talk about money with family, setting healthy boundaries, and strategies for safeguarding your financial future.

CEO of The Family Building Society; Mark Bogard;
Personal Finance Expert and Founder of Mr MoneyJar; Timi Merriman-Johnson; and
PensionBee’s Director (VP) Public Affairs; Becky O’Connor.

Episode Breakdown: 01:46 The Bank of Mum and Dad in practice.

05:10 Planning for predictable financial support.

08:13 Helping financially while your child’s studying.

10:43 Funding your child’s big adult milestones.

14:14 Implications of dipping into your savings.

17:31 Ongoing bankrolling and protecting your financial security.

20:35 Treating children equally or equitably?

22:55 Making sure you’re on the same page.

24:51 A living versus willed inheritance.

Further reading: To learn more about financial relationships with family, check out these articles and podcasts from PensionBee:

Episode 28 transcript
5 tips for parents paying for university
7 of the best ways of giving money to grandchildren
E8: How to teach kids about money - with Laura Miller, Will Carmichael and Emma Maslin
How the Bank of Mum and Dad can boost an adult child’s pension by over £300,000
How to teach kids about money
Inheritance Tax guide
Pension decumulation aka planning how to spend my pension savings
Should I teach my children about money?
Writing a will
Your guide to Lifetime ISAs (LISAs) and pensions

Other useful resources: * Boomerang Children: Meaning, Impact, Around the World (Investopedia) * How important is the Bank of Mum and Dad? (The Institute for Fiscal Studies) * How Inheritance Tax works (Gov.uk) * How to run the Bank of Mum and Dad…The Definitive Guide (Family Building Society) * Joint Borrower Sole Proprietor mortgages (Family Building Society) * More adults living with their parents (Office for National Statistics) * Retirement Living Standards (Pensions and Lifetime Savings Association) * The bank of Grandma and Grandad (SAGA) * The Carer’s Pension Gap (PensionBee) * Who gives wealth transfers to whom and when? Patterns in the giving and receiving of lifetime gifts and loans (The Institute for Fiscal Studies)

Catch up on the latest news, read our transcripts or watch on YouTube:

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It’s Mental Health Awareness Week so in this bonus episode of The Pension Confident Podcast, we’re revisiting a really important topic - how to manage your money and your mental health.

Tune in to hear the best bits from episode nine and hear from Philippa Lamb and our expert panel as they discuss how to talk about money, mental health and more. We hear from:

Chief Communications Officer at the Financial Services Compensation Scheme (FSCS); Lila Pleban,
Founder and Managing Director of Psychreg; Dennis Relojo-Howell, and
PensionBee’s COO and Mental Health First Aider; Tess Nicholson.

Episode Breakdown: 01:10 Personal experiences from the guests

04:12 Financial support from the FSCS

05:20 Early warnings signs of money and mental health struggles

06:45 How are money and mental health linked?

07:44 Money worries in retirement

09:26 How to manage money worries

10:25 Where to turn for financial support

11:39 Tips for keeping on top of your finances

12:32 Tips for managing your mental health

13:20 How to talk about money worries.

*If you’re struggling right now and need to talk to someone, call SAMARITANS on 116 123 - they are open 24 hours a day, 365 days a year. You can also text the word ‘SHOUT’ to 85258 and speak to a volunteer, anonymously.

If you’re concerned for the immediate safety of yourself or someone else, then always call 999. For non-emergencies, call 111, or speak to your GP who can refer you to your local NHS Mental Health Trust.

Further reading: To learn more about money and mental health, check out these articles and podcasts from PensionBee:

Six ways to manage your money and your mental health
What is the impact of debt on mental health?
Introducing our Mental Health First Aiders
Recovering mental health and recovering finances
Mental health in retirement
E9: How to reduce the risk of money worries affecting your mental health (transcript)
E9: How to reduce the risk of money worries affecting your mental health (episode)
How PensionBee is supporting our vulnerable customers

Other useful resources: * The Money and Pensions Service (MAPS) * Citizens Advice Service * Money Saving Expert * National Debtline * Money and Mental Health Policy Institute * Shelter * Mind * Turn2us * Mental health articles (Royal College of Psychiatrists) * Royal College of Psychiatrists

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
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We all know friendship is priceless, but navigating social circles where some people are a lot better off than others may be a minefield. According to Intuit, Gen Z would rather discuss sex, politics and infertility struggles than their salaries, debt, and bad investments.

So how can you maintain strong friendships while navigating different bank balances and spending habits? This month on The Pension Confident Podcast we’re looking at the costs associated with friendship. Join our host, Philippa Lamb, and our expert panel as they discuss how to talk about money with friends, overcoming envy and more:

Psychologist and Associate Fellow of The British Psychological Society, Dr. Tara Quinn-Cirillo;
Co-Founder of Millennial Money UK, Niaz Azad; and
Head of Brand and Communications at PensionBee, Brooke Day.

Episode Breakdown: 01:29 How to discuss money fairly

06:10 Navigating a financial divide

11:20 How friendship expenses can snowball

16:28 Overcoming envy

18:58 As you and your friends get older

22:31 When life throws you curveballs

25:38 Lending money to friends

27:57 Knowing when to let go.

Further reading: To learn more about the cost of friendship, check out these articles from PensionBee:

Bonus episode: Relationships and money
How to talk about money
Six ways to manage your money and your mental health
Six ways to start talking about money
What is the impact of debt on mental health?

Other useful resources: * How to keep money from tearing your friendships apart (Vox) * Is the wealth gap ruining friendships? (Guardian) * The transfer of wealth from boomers to ‘zennials’ will reshape the global economy (Financial Times) * A third of people are owed money by friends and family (Starling) * Nearly 50% of millennials overspend to keep up with friends (Credit Karma) * Why the “f*ck it” mentality is harming friendships (Refinery29) * Splitwise

Catch up on the latest news, read our transcripts or watch on YouTube:

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Part three of our personal finance tips is here! In this bonus episode,our expert guests discuss budgeting, what to know before you get started with investing, plus they share a property mistake you may have made too.

Get started on your financial spring cleaning and hear helpful tips from:

Personal Finance Expert and Founder of Mrs MummyPenny, Lynn Beattie;
Financial Journalist and Senior Digital Editor at MoneyWeek, Kalpana Fitzpatrick;
Founder and CEO of Propelle; Ayesha Ofori,
Independent Non-Executive Director for PensionBee; Lara Oyesanya FRSA;
CMO at PensionBee, Jasper Martens; and
CMO at LifeSearch; Justin Harper.

Episode Breakdown:

00:45 Monthly subscriptions

01:20 Saving little and often

02:13 Saving for your kids

02:49 Getting started with investing

03:50 Investing in property

04:56 The benefits of life insurance.

Read the transcript.

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You might be surprised to learn that living to 100 years of age is no longer a rare feat. The Office for National Statistics (ONS) revealed that almost one-in-seven boys and one-in-five girls born today are expected to reach this milestone in the UK.

The trend is clear: with advancements in technology and healthcare, a centenarian life is becoming the norm. But what does this mean for our everyday lives, especially in terms of work, planning, and even our mindset?

This month on The Pension Confident Podcast we’re discussing the increasing likelihood of the 100-year life. Join our host, Philippa Lamb, and our expert panel as they discuss both the emotional and financial realities of longer living:

Economist and best-selling Co-Author of ‘The 100-Year Life’, Andrew J. Scott;
Editorial Director at Noon, Jennifer Howze; and
Director (VP) Public Affairs at PensionBee, Becky O’Connor.

Episode Breakdown: 02:20 Rising life expectancy

04:31 Adapting to a multi-stage life

06:03 The emerging adulthood trend

07:59 Saving for retirement

10:01 Portfolio careers in midlife

13:46 Multi-generational households

15:03 How long will people be working for?

18:05 Budgeting your time and money

19:10 State Pension versus Retirement Living Standards

23:29 Investing in your human capital

Further reading: To learn more about the 100-year life, check out these articles from PensionBee:

Episode 26 transcript
Are you ready for your 100-year life?
Can you live off of the State Pension?
How much money is enough to save in your pension for your future retirement?
How you could build a million pound pension
Is it too late to start a pension?
6 reasons why you should delay taking your pension

Other useful resources: * British workers increasingly likely to work into their 70s, research suggests (The Guardian) * One in six over-55s have no pension savings yet (Unbiased) * Queenagers: research portrait of midlife women (Noon) * The 100-Year Life – Living and Working in an Age of Longevity

Catch up on the latest news, read our transcripts or watch on YouTube:

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In this bonus episode of The Pension Confident Podcast, we dive into the world of Socially Responsible Investing (SRI). We explore how your retirement savings can be a powerful tool for good. Plus, we’ll tackle the big question: can you make money and make a difference to people and the planet?

From impact investing to ESG ratings, find out how socially responsible investments are defined and how you can get involved. In this episode, we hear from:

Chief Engagement Officer at PensionBee, Clare Reilly;
Co-Founder of Islamic Finance Guru, Ibrahim Khan;
VP Product at PensionBee, Martin Parzonka; and
Campaign Director for Make My Money Matter, David Hayman.

Episode Breakdown:

01:36 ESG ratings

03:02 Impact investing

04:18 Shariah-compliant investing

06:26 Profits and principles

08:50 Where’s your pension invested?

12:11 How to invest for change.

Read the episode transcript.

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While many organisations may talk about equality, research tells us that women are far less likely to secure a pay rise than men - even when they ask for one! Nearly one in every three men who ask for more pay get it, but only one in every five women are successful.

This month on The Pension Confident Podcast, inspired by International Women’s Day, we’re discussing how to earn more money. Join our host, Philippa Lamb, and our expert panel as they discuss how to bridge the gap between your potential and your paycheque:

Social Entrepreneur and Broadcaster, Natalie Campbell MBE;
CEO and Co-Founder of The Know, Lynn Anderson Clark; and
Senior Customer Experience Researcher at PensionBee, Priyal Kanabar.

Episode Breakdown:

01:52 Pay gaps in the workplace

04:27 Early stage careers

07:52 The mentorship relationship

11:10 Job application behaviour

13:17 Job interview tips

16:12 Negotiating for higher pay

18:55 Benchmarking your salary

24:10 Later life careers

Further reading:

To learn more about navigating pay negotiations and improving your financial prospects, check out these articles from PensionBee:

Episode 25 transcript
How can we improve financial health amongst women?
Can financial education platforms help close the gender financial literacy gap?
How women can boost their pension savings
Six ways to start talking about money
How to check your State Pension forecast
10 money making ideas for stay-at-home mums
How to catch up on pension payments

Other useful resources:

Find and compare gender pay gap data (GOV.UK)
Explore salaries at the world’s most innovative companies (Otta)
The Carer’s Pension Gap (PensionBee)
Queenagers: research portrait of midlife women (Noon)

Catch up on the latest news, read our transcripts or watch on YouTube:

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On this special bonus episode of The Pension Confident Podcast, we look at different relationships and the impact they can have on your finances. Whether you live with a friend, are married or going through a separation, these tips are for you.

From property and prenups to credit scores, find out what they all mean for your current relationship status. In this episode, we hear from:

This Girl Talks Money Founder, Ellie Austin-Williams;
Director (VP) Public Relations at PensionBee, Becky O’Connor;
Barrister, Mediator and Family Arbitrator, and a Spokesperson for free legal assistance charity, Advocate, Paul Infield;
Personal Finance Expert and Founder of Mrs MummyPenny, Lynn Beattie;
Founder of financial literacy platform All Things Money, Ola Majekodunmi;
CMO at PensionBee, Jasper Martens;
Financial Times Consumer Editor, Claer Barrett; and
Head of Communications at the Financial Services Compensation Scheme (FSCS), Emma Barrow.

Episode Breakdown:

00:58 Moving in with someone who owns a property

03:05 Pensions and divorce

05:29 Prenups and postnups

07:05 Why it’s important to talk about money

07:58 Pension beneficiaries

09:03 Credit scores and relationships.

Read the episode transcript.

Catch up on the latest news, read our transcripts or watch on YouTube:

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January is a time when many of us will naturally be thinking about various hopes and intentions for the year ahead. But what if your ambition is to launch your own business?

Starting a side hustle during a cost-of-living crisis isn’t for the faint of heart. After all, in the UK one in five new businesses fold in their first year, and over half of start-ups don’t make it past five years. But that doesn't mean it's impossible.

Join our host, Philippa Lamb, and three fearless entrepreneurs as they discuss real-world tactics for bootstrapping your dream business:

Founder and CEO of Vestpod, Emilie Bellet;
Founder and CEO of Sprive, Jinesh Vohra; and
CCO at PensionBee, but also Founder of childrenswear business Little Circle, Lisa Picardo.

Episode Breakdown:

01:50 The idea and first steps

09:08 Networking with the competition

11:48 Business planning

15:26 The pros and cons of co-founders

18:04 Managing your money effectively

22:04 Sole trader versus limited company

24:54 Common mistakes and expert advice

Further reading:

To learn more about starting your own company, check out these articles from PensionBee:

Episode 24 transcript
The pros and cons of self-employment
What you should know about being your own boss
Are the self-employed saving enough for retirement?
How to manage your money when you’re self-employed
Pension contributions from your limited company
Six ways to reduce your tax bill as a limited company
Sole trader vs limited company: how do the tax savings stack up?

Other useful resources:

Set up a business (GOV.UK)
Online graphic design tool for businesses (Canva)
Find the best accountant for your small business (Unbiased)
Startup School for Seniors
The Business Model Canvas (Strategyzer)

Catch up on the latest news, read our transcripts or watch on YouTube:

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Happy New Year from all of us at The Pension Confident Podcast, we hope you had a great break! We’re back for our third series where we’ll be discussing even more personal finance questions plus, we’ll be sharing lots of bonus content throughout the year too.

The next episode will be live at the end of January and it’s all about starting your own business. Later on in the year we’ll be looking at the monetary cost of friendship and how you can financially prepare to live to 100.

Don’t forget to subscribe to your favourite podcast app so you never miss an episode.

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We’re thrilled to announce that the series has won two Lovie Awards! We were recognised in both the ‘Best Series’ and ‘Best Branded Podcast or Segment’ categories. A big thank you to everyone who voted for us!

If you didn’t get the chance to vote, why not tell us what you think by giving us a review and a rating? As always, you can send your suggestions and feedback to:

podcast@pensionbee.com.

With Christmas around the corner it can be easy to go overboard. Before you know it, you may have spent a little too much and live to regret it come January.

We’ve all been there, and we all make other financial mistakes. Sometimes they’re small, like lending a friend a tenner, knowing you’re unlikely to see it again. However, sometimes they can have a much bigger impact. It could be that you’ve bought a property that doesn’t fit the bill, or perhaps you’ve let your debts spiral out of control?

Even the money experts make mistakes and to talk us through theirs, and what we can all learn from our financial failures are:

Personal Finance Expert and Founder of Mrs MummyPenny; Lynn Beattie,
Founder of financial literacy platform, All Things Money; Ola Majekodunmi, and
CMO at PensionBee; Jasper Martens.

Episode Breakdown:

01:41 Team PensionBee’s financial mistakes

02:46 Shopping mistakes

08:44 Black Friday and other ‘sales’

11:45 Not paying attention to your finances

12:22 Recurring payments and monthly subscriptions

15:18 Switching bank accounts

18:18 Pension apathy

24:24 Property mistakes

26:52 The effect of relationships on financial decisions.

Further reading:

To help you avoid making some of the financial mistakes we talk about in this episode, check out these articles from PensionBee:

Episode 23 transcript
Common money mistakes and how to avoid them
How to check your pension contributions
How to save for retirement when ‘future you’ feels like a stranger
Rethinking your pension savings during the cost of living crisis
Avoid these pension mistakes in your 40s
Six ways to start talking about money
Five steps to plotting your personal finance roadmap

Other useful resources:

Camelcamelcamel price tracker
Idealo price comparison website
Current account switch guarantee
Switching mobile phone provider (Ofcom)

Catch up on the latest news, read our transcripts or watch on YouTube:

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On this special bonus episode of The Pension Confident Podcast, we’ve rounded up some of the best pension tips our guests have shared so far.

From choosing the best time to withdraw from your pension to making the most of tax relief, hear important pension topics discussed by experts including:

PensionBee’s CEO; Romi Savova;
Financial Times Consumer Editor; Claer Barrett;
PensionBee’s Chief Engagement Officer; Clare Reilly;
Money to the Masses Founder; Damien Fahy,
PensionBee’s Head of Product; Martin Parzonka;
Pensions and Lifetime Savings Association Head of Media Relations; Mark Smith;
PensionBee’s VP Brand and Communications; Rachael Oku;
This Girl Talks Money Founder; Ellie Austin-Williams; and
PensionBee’s Director (VP) Public Relations; Becky O’Connor.

Episode Breakdown:

00:42 Getting started with your pension

01:51 Parental leave and pensions

02:52 Pension beneficiaries and tax

03:22 Your pension and the cost of living crisis

03:49 Taking your pension

04:36 Moving your pension pots

05:23 Pensions vs. ISAs.

Read the episode transcript.

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Renting has been a hot topic of debate throughout the cost of living crisis - and with good reason. The cost of privately renting a home has risen every month since November 2021, with the average price now 12% higher than this time last year.

In this episode we take a look at the reasons behind this, what your rights are as a tenant or a landlord, and what needs to change to improve the housing market for everybody.

Helping us to do so with their expertise are:

Policy Officer for Shelter; Jenny Lamb;
Deputy Editor for Property at The Times ; David Byers, and
Director (VP) Public Affairs for PensionBee; Becky O’Connor.

Episode Breakdown*:

02:49 Recent national rental increases

03:35 How much are we spending on rent?

04:18 Housing supply and demand

06:05 Evictions and homelessness*

10:01 The impact on our other finances

11:18 The impact on older renters

13:24 Property as an alternative to a pension

15:54 Your rights as a tenant or landlord

18:36 Where to go if you’re struggling to pay

21:42 The Renters (Reform) Bill

24:50 Affordable housing.

We talk about Section 21 notices in this episode, but wanted to give you a clear explanation of what they are. A Section 21 notice can be used if a landlord wants their tenant to leave a property that they own. A landlord can only serve you this notice if your fixed-term tenancy has come to an end or if you’re in a periodic tenancy, but they don’t need a reason to make you leave. A landlord must give you at least two months’ notice to vacate the property. At the end of that period, if you haven’t left the property, the landlord can start the formal court process to formally evict you. This usually takes a number of weeks and could result in a court order that forces you to leave the property.

You can see all the rules around Section 21 notices on gov.uk. If you’ve been served a Section 21 notice, you can see what your rights are on the Citizens Advice website.

Further reading:

For more information on the key issues surrounding the home rental market, check out these resources.

Episode 22 transcript
Why has renting got so expensive?
Renters (Reform) bill (UK Parliament)
Emergency grants, loans and money help (Shelter)
Discretionary Housing Payments (Gov.uk)
Council Tax Reduction (Gov.uk)
Benefits calculator (Turn2us)
Grants search (Turn2us)
Housing issues (Citizens Advice)
First-tier tribunal (Gov.uk).

Catch up on the latest news, read our transcripts or watch on YouTube:

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On this special bonus episode of The Pension Confident Podcast, we’re revisiting the popular debate: should you pay more into your mortgage or your pension? Hear from our former Host Peter Komolafe, CEO and Founder of The Humble Penny; Ken Okoroafor, former CMO at HABITO; Abba Newbery and VP Brand and Communications at PensionBee; Rachael Oku as they discuss the pros and cons of investing in property and pensions.

Read the episode transcript here.

Episode Breakdown:

01:21 Using your property to fund your retirement

02:46 How long will your pension pot need to last you

05:10 Paying off your mortgage early

07:12 The benefits of pension contributions

09:08 Investing in property

Catch up on the latest news, read our transcripts or watch on YouTube:

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Did you know that as well as a gender pay gap and a gender pension gap, there’s also a gender investment gap? According to investment website; Boring Money, in the UK there’s nearly £600 billion more in men’s investment accounts than women’s!

Only a third of UK women say they feel confident dealing with their finances. But, is a lack of confidence the reason why only 48% of women invest in the stock market compared to 66% of men, or are other factors at play?

To help us explore why women are less likely to invest are this month’s expert guests:

Founder and CEO of Propelle; Ayesha Ofori,
Co-Founder of Female Invest; Anna-Sophie Hartvigsen, and
Independent Non-Executive Director for PensionBee; Lara Oyesanya FRSA.

Episode Breakdown:

02:00 Why’s it important for women to invest?

03:15 Brief history of financial gender inequality

04:51 Saving vs investing

06:58 Why women are less likely to invest than men

08:46 Are women less likely to take risks?

14:24 Financial education for women

17:26 Pensions are investments

19:34 Who can invest?

22:03 Our guests first investments

26:07 Long-term thinking.

We mention Boring Money’s research shows a £600 billion gender investment gap worldwide - this figure actually only covers the UK!

The figures mentioned for the potential returns of savings vs investments were calculated using Santander’s savings and investments calculator. The results were based on taking medium risk and the ‘realistic’ expectation of growth. However, returns can be higher or lower. These are just examples and aren’t guaranteed.

Further reading:

For more information on the key issues affecting women and their finances, check out these resources from PensionBee.

Episode 21 transcript
Why aren’t women investing?
Why closing the gender investing gap matters for impact investing
Can financial education platforms help close the gender financial literacy gap?
How important is financial independence?
How can we improve financial health amongst women?
Building your financial resilience
Episode 3: How do we tackle the gender pension gap?

Other useful resources:

Propelle
Female Invest
The history of women and money (GoHenry)
Equal Pay Act 1970 (Gov.uk)
Girls get less pocket money than boys (Netmums)
Girls just wanna have funds (Female Invest book)
Savings and investments calculator (Santander)

Catch up on the latest news, read our transcripts or watch on YouTube:

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Follow Lara on LinkedIn.

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Send us an email:

podcast@pensionbee.com

Sit back and enjoy part two of our roundup featuring some of the best personal finance tips from expert guests of The Pension Confident Podcast.

Whether you’re saving to raise a family, or looking to buy a house, have a listen to hear helpful ideas from the likes of:

Founder of Vestpod; Emilie Bellet,
Host of The Conversation of Money Podcast; Peter Komolafe,
Financial Times Consumer Editor; Clear Barrett,
Founder of This Girl Talks Money; Ellie Austin-Williams,
Barrister and Spokesperson for legal assistance charity, Advocate; Paul Infield,
Co-Founder and CCO of Snoop; Scott Mowbray, and
PensionBee’s Head of Content; Brooke Day.

Episode Breakdown:

00:36 Preparing your finances for kids

01:22 Turning your pension contributions on and off

01:53 Budgeting when you’re self-employed

02:34 ISAs and tax

03:04 Buying a house with someone else

04:19 Financial personality and financial independence

05:05 Monthly budgets

05:30 Risks when withdrawing a Lifetime ISA.

Read the episode transcript here.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
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Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

View Details

Enjoying the podcast? Don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

As we all know, there are only two certainties in life - death and taxes - and going through the admin when someone dies can be a slow and expensive process. That’s why it’s a good idea to think about where you’d like your own money and personal belongings to go in advance to avoid making it complicated for those you leave behind.

In this episode, we discuss all the useful things you can do to make sure you’ve got your own affairs in order - from wills and to life insurance, to pension beneficiaries. We also talk about what's important to address when you’re dealing with somebody else's estate.

Helping us to do this are our three expert guests:

Solicitor for Frank Brazell & Partners and Free Wills Month; Simon Levy,
CMO at LifeSearch; Justin Harper, and
PensionBee’s Head of Second Line Compliance; Jaypee Soule.

Episode Breakdown:

03:16 Executors and beneficiaries

03:51 Keeping things organised for your loved ones

08:25 Lasting powers of attorney

09:54 Letters of wishes

11:21 Prepayment funerals

12:36 Life insurance

13:21 Inheritance tax

15:29 Pension beneficiaries

18:25 Writing a will

22:06 What are the rules of intestacy?

27:18 First steps when a loved one passes away

28:06 Tell Us Once service

29:37 What’s probate?

*We talk about what happens to your pension after death in this episode. We want to be clear that we’re referring to defined contribution pensions. Here are a few more things to know:

If the deceased is under 75 years old, and the pension proceeds are paid within two years of the provider knowing of the customer’s death, then their beneficiaries can get the money tax-free.
From 2026, if the deceased is under 75 years old, tax may be charged to the beneficiaries if the deceased has reached their lifetime allowance. Find out what the current pension lifetime allowance is.
If the deceased is aged 75 or above, the pension proceeds are taxable at the marginal rate of the beneficiary’s income tax.

*We want to be clear that your pension isn’t legally considered part of your estate, so isn’t covered by your will. However, mentioning your pension in your will may help to eliminate any doubt over your wishes, though it’s recommended that you still contact your pension provider to add your beneficiaries to your policy.

Further reading:

For more help dealing with the admin when someone passes away, check out these resources from PensionBee.

Episode 20 transcript
Pension death benefits
Pension rules after death
Pension beneficiaries
What happens to your pension when you die?
Your guide to writing your will
How your pension can save you inheritance tax.

Other useful resources:

LifeSearch
Free Wills Month
Cheap and free wills (Money Saving Expert)
Tell Us Once (GOV.UK)
The LifeBook (Age UK)
The Last Word report
8 Best Password Managers (Forbes)
Learn more about intestacy - the process that occurs when someone dies without a will.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.

Follow @LifeSearch on X, Instagram, Facebook and LinkedIn.

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

_________________________________________________________________________

On this special bonus episode of The Pension Confident Podcast, we’ve rounded up some of the best personal finance tips our guests have shared so far. From the power of compound interest to understanding credit ratings and ISAs.

On this episode we’ll hear a range of important financial topics discussed by experts including:

Founder of Money to the Masses; Damien Fahy
Founder of The Humble Penny and Financial Joy Academy; Ken Okoroafor
Founder of The Money Whisperer; Emma Maslin
Founder of Mrs MummyPenny; Lynn Beattie.
Founder of Mr MoneyJar; Timi Merriman-Johnson
Personal Finance Expert and Blogger at This Girl Talks Money; Ellie Austin-Williams
CEO and Co-Founder of Bloom Money; Nina Mohanty
Consumer Editor at the Financial Times, Author and Host of the Money Clinic Podcast; Claer Barrett
Financial Expert, Author and Host of The Conversation of Money Podcast; Peter Komolafe.

Read the episode transcript here.

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Episode Breakdown:

00:44 Tax relief on pension contributions

01:17 Making pension contributions as a limited company

01:51 Compound interest

03:09 Automating your savings

03:51 Saving money when you’re single

04:48 Credit ratings

05:54 Stocks & Shares ISAs

06:43 Understanding different types of ISAs

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast

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Follow @PensionBee on X, Instagram, TikTok, Facebook and LinkedIn.

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

Take our short survey and you could win a prize! As a main sponsor of Brentford FC, we're giving one of the lucky entries a signed Brentford FC 2022/24 2nd away shirt. Fill out and submit the survey before Friday 25th August for a chance to win.

On this special bonus episode of The Pension Confident Podcast, we’re turning the mic around on our Host; Philippa Lamb, to hear her favourite moments from the podcast so far.

We’ve had some brilliant guests - from CEOs to campaigners, barristers to financial influencers, along with some of our favourite in-house PensionBee experts. On this episode we’ll hear a range of important financial topics discussed from the likes of:

CCO of the Financial Services Compensation Scheme (FSCS); Lila Pleban
Founder of The Money Whisperer; Emma Maslin
CEO of Bloom Money; Nina Mohanty
Head of Communications at the FSCS; Emma Barrow
Co-Founder of Islamic Finance Guru; Ibrahim Khan
Barrister, Mediator, Family Arbitrator, and Spokesperson for Advocate; Paul Infield
Personal Finance Expert and Blogger at This Girl Talks Money; Ellie Austin-Williams

Episode Breakdown:

02:02 Credit card debt and money worries

04:51 Reducing the gender pension gap for our children

06:52 Credit scores and credit invisibility

10:10 Shariah investing

14:25 The financial risk of ‘Common law marriage’

Catch up on the latest news, read our transcripts or watch on YouTube:

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The Pension Confident Podcast on YouTube

Follow @PensionBee on X, Instagram, TikTok, Facebook and LinkedIn.

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email: podcast@pensionbee.com

Take our short survey and you could win a prize! As a main sponsor of Brentford FC, we're giving one lucky entrant a signed Brentford FC 2022/23 away shirt. Complete the survey before Friday 25 August for a chance to win.

We’re taking a short break from our usual schedule in August, but don’t worry - we’ve got some bonus content incoming while you wait for our next episode!

We’ll be back in September discussing how to deal with financial admin when a loved one dies, and how you can prepare your own finances to make it simple for those you leave behind.

Plus, look out for episodes later this year on building your financial confidence, starting your journey in self-employment, and how to recover from financial failures.

Don’t forget to subscribe on your podcast app to get these episodes, and more, as soon as they’re released.

Catch up on the latest news, read our transcripts or watch on YouTube:

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Send us an email:

podcast@pensionbee.com

Take this short survey to be in with a chance of winning a Brentford FC 2022/23 away shirt signed by the team!

_________________________________________________________________________

Having children can be one of the most wonderful and rewarding things you’ll ever do, and it’s impossible to put a price on all the joy that kids can bring you. However, there’s no denying the impact that bringing up a family can have on your finances.

Having a child can be a huge financial commitment. According to The Times, it’ll take an average of nearly £203,000 to raise a child from birth to the age of 18. And it won’t necessarily stop there, you might find yourself spending on your kids from before they’re born until well into their adult lives. Add to that, the effects on your income that taking parental leave may bring - you might not know where to begin!

To talk through all the costs involved with having children and whether raising a family’s currently affordable are our guests:

CEO of Mumsnet; Justine Roberts CBE
Financial Journalist and Senior Digital Editor at MoneyWeek; Kalpana Fitzpatrick
PensionBee’s CTO; Jonathan Lister Parsons.

_________________________________________________________________________

Episode Breakdown:

02:12 Can you predict how much a baby will cost?

07:48 Statutory Maternity Pay

09:42 The problem with parental leave

11:56 Statutory Adoption Pay and Leave

12:46 The cost of childcare

14:58 Tax-Free Childcare Allowance

15:37 Child Benefit

20:37 Costs as your kids grow up

24:38 Paying for higher education.

*We mention maternity pay in this episode and just wanted to be absolutely clear with the figures:

Statutory Maternity Pay’s paid up to 39 weeks
You get 90% of your average weekly earnings for the first six weeks
You get the lower of £172.48 or 90% of your average weekly earnings for the following 33 weeks.

*We also accidentally overstated the amount of Shared Parental Leave that you may be entitled to. We said you’d get a year, but it’s actually up to 50 weeks of leave between parents.

*We state that the UK has the highest childcare costs in the Organisation for Economic Co-operation and Development (OECD). Though this has been true as recently as 2022, the UK currently ranks third. However, this number’s ever changing.

_________________________________________________________________________

Further reading:

For more help getting financially prepared for raising a family, check out these resources from PensionBee.

Episode 19 transcript
Can you afford to have a baby?
Pensionbee’s research on fair sharing of childcare
PensionBee Parental Leave Policy
What I learned about mothers and their pensions from answering Mumsnet questions
How to financially plan for a baby
How stay at home mums can build a decent pension
What happens to your pension during maternity leave?
Finances for freelancers on maternity leave
How can I get my pension back on track after taking time off to have children?
Why parents need to make a Child Benefit claim to protect their State Pension

Other useful resources:

Mumsnet
Statutory Maternity Pay and Leave (Gov.uk)
Statutory Paternity Pay and Leave (Gov.uk)
Statutory Adoption Pay and Leave (Gov.uk)
Disability Living Allowance for children (Gov.uk)
Tax-Free Childcare (Gov.uk)
Child Benefit (Gov.uk)
Boosting paternity leave has economic benefits (Pregnant Then Screwed)
Average childcare costs (MoneyHelper)
Transparency on parental pay (ABI)

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow @PensionBee on Twitter, Instagram, TikTok, Facebook and LinkedIn.

Follow @Mumsnet on Twitter, Instagram, Facebook, TikTok and LinkedIn

Follow @KalpanaFitzpatrick on LinkedIn, Twitter, Instagram and TikTok

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Send us an email:

podcast@pensionbee.com

_________________________________________________________________________

We’ve spoken in much depth about preparing for retirement on The Pension Confident Podcast, but we’ll all eventually get to a stage where we find it’s time to start taking that money out of our pension pots, rather than putting in.

After decades of working and saving into your pension, you’ll be looking forward to the day when it’s finally time to retire and you can start spending your pension cash. But, you might not be sure what the smartest way to withdraw your money is. Furthermore, you might be fearful of it running out.

To take us through all the withdrawal options and discuss how we can make our money last in retirement are our expert guests:

Product Director at Legal & General Retail; Mark Jones
Financial Journalist and Founder of Much More With Less; Faith Archer
PensionBee’s Head of Product; Martin Parzonka.

_________________________________________________________________________

Episode Breakdown:

02:32 Predicting how long you’re going to live

05:39 When can you take your pension?

06:38 Annuities

07:36 Pension drawdown

16:45 Making a pension withdrawal plan

19:27 Measuring risk

22:54 Having multiple sources of retirement income

24:25 Resources to aid your pension withdrawal plan.

_________________________________________________________________________

Further reading:

Think about your pension withdrawal plan with the help of these resources from PensionBee.

Episode 18 transcript
Pension drawdown
Pension annuity
Pension drawdown calculator
State Pension age calculator
Inflation calculator
Drawdown explained (Youtube)
How to withdraw money from a pension fund
Should I take a lump sum from my pension?
Pension decumulation
Why have annuity purchases been increasing?
What happens in a Pension Wise appointment?

_________________________________________________________________________

Other useful resources:

Pension Wise
Retirement planning course (Legal & General)
Life expectancy calculator (ONS)
Death clock
Investment pathways (FCA)
FIRE movement (Investopedia)
Senior railcard
Older person’s bus pass (gov.uk)

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

Follow Faith @MuchMoreWith Less on Twitter, LinkedIn and Facebook.

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

_________________________________________________________________________

On this very special edition of The Pension Confident Podcast, we come to you from White City in London with our first recording in front of a live audience! And this time it’s all about the battle of the financial titans; pensions vs. ISAs.

With the help of polling data from our listeners, we take a look at how many of us are making the most of these financial products and which should take priority at different stages in our lives.

Sharing their insights, and giving their tips on maximising the benefits of both your pensions and ISAs are our expert panel:

Financial Times Consumer Editor, Author and Host of the Money Clinic; Claer Barrett
Founder of the Money To The Masses website and podcast; Damien Fahy
Financial Expert, Author and Host of The Conversation of Money; Peter Komolafe
PensionBee’s Director (VP) Public Affairs; Becky O’Connor.
If you’d like to read Claer’s book; What They Don't Tell You About Money, and The Money Basics by Peter, both are available for purchase now!

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Episode Breakdown:

03:23 How much are people saving into pensions?

06:18 How ISAs work

11:00 When you can take your pension

13:24 Making the most of pensions and ISAs

15:29 Common mistakes people make with ISAs

21:50 Saving when you’re self-employed

24:37 Priorities when nearing retirement

28:40 Leaving money for loved ones

31:15 Audience Q&A.

_________________________________________________________________________

Further reading:

Make the most of your savings with the help of these articles from PensionBee.

Episode 17 transcript
Guide to Lifetime ISAs and pensions
Pension pot or cash savings - which is best?
Can I cash in my pension?
How much income do you need in retirement?
How much can I pay into a pension each year?
Making pension contributions
The UK Pension Landscape
When is the best time to take your pension?
Your guide to savings funds

Other useful resources:

How ISAs work (gov.uk)
Cash ISAs (Money Helper)
Stocks and shares ISAs (Money Helper)
Junior ISAs (gov.uk)
Retirement Living Standards (PLSA)
Peter Komolafe: Three ISA mistakes everyone is making (YouTube)
Cash Isa rules and allowances (Which)

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

The Money Basics: How to Become Your Own Financial Hero

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Send us an email:

podcast@pensionbee.com

_________________________________________________________________________

Welcome to the latest edition of The Pension Confident Podcast, we hope that listening’s one of the many good things that happen to you today! This time we’re looking at impact investing; what it is, why it’s important and how it can be used to drive environmental and social change whilst saving for your retirement.

You might already be vegetarian or buying fairtrade products; volunteering or cutting down on flying. But what if you could make your biggest impact simply by looking into where your money’s invested?

It’s called impact investing, and helping us to understand what it is and how it can drive change are:

Campaign Director for Make My Money Matter; David Hayman
Partnerships Director at Huddlecraft and Lead for Money Movers; Anneka Deva
PensionBee’s Chief Engagement Officer; Clare Reilly.

Episode Breakdown:

01:15 What’s the goal of impact investing?

05:50 Making an impact on environmental and social issues

08:41 How individuals can make an impact with their money

15:58 What demographics are interested in impact investing?

18:08 The PensionBee Impact Plan

20:12 How much does it cost and what returns will you get?

25:31 What’s next for impact investing?

*A small caveat to say we were close with a stat, but not quite correct. The amount of Financial Advisors who are women is actually 17% rather than the 16% stated.

_________________________________________________________________________

Further reading:

You’ll find plenty of impactful information on the PensionBee website.

Episode 16 transcript
PensionBee’s Impact Plan
Who are the top 20 companies in the Impact Plan?
Impact Plan Company Spotlight - Bank Rakyat
What makes the Impact Plan different to the Fossil Fuel Free Plan?
How's the Impact Plan different from other plans on the market?
What are UN SDGs and why do we have them?
Does socially responsible investing make financial sense?

Other useful resources:

Money Movers
Make My Money Matter (MMMM)
Green my pension (MMMM)
Sustainability labels (FCA)
UN Sustainable Development Goals
Place Based Impact Investing (The Good Economy)

_________________________________________________________________________

Come and see us live!

On Thursday 4 May we’ll be recording our first ever episode in front of a live studio audience and we’d love for you to join us. We’ll be at White City Place in London from 6:30pm to discuss whether your money’s better off in a pension or an ISA. You’ll also have the chance to get your questions answered by our expert panel:

Founder of Money To The Masses; Damien Fahy
Consumer Editor of the Financial Times and presenter of the Money Clinic Podcast; Claer Barrett
Financial Expert and Host of The Conversation of Money Podcast; Peter Komolafe
Director (VP) Public Affairs at PensionBee; Becky O'Connor.

Tickets are absolutely free, so if you’d like to attend - just click here.

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

A fond welcome to the 15th episode of The Pension Confident Podcast. This time, we’re discussing how financial institutions can be more inclusive of those who might be more vulnerable when it comes to their finances.

‘Levelling up’ seems to be the buzz phrase of the moment. But what does that actually mean in practice? You may have fallen behind financially due to where you live, or maybe the system or service you’re using just simply isn’t designed for someone with your set of circumstances. That could be your ethnicity, religion, gender, age or something else entirely.

Helping us to ‘level up’ and discuss how we achieve financial inclusion are:

CEO of Bloom Money; Nina Mohanty
Head of Communications at the Financial Services Compensation Scheme (FSCS); Emma Barrow
PensionBee’s CDO; Matt Loft.

Episode Breakdown:

01:53 When we’ve felt excluded

04:42 Who’s likely to be financially excluded?

06:37 Those who choose not to use financial services

08:37 Accessibility to technology and in-person banking

14:29 Low credit scores

20:08 Low income and insurance

22:01 What the government and industry should do to help

*We thought it would be helpful to highlight our sources for some of the key stats we mentioned in this episode:

We say there are about 3 million Muslims living in the UK. According to the latest census, the actual number is 3.87 million.
We say there are around 11,000 Post Offices in the UK. The precise number is 11,635.
We talk about plans for 28 new ‘shared banking hubs’. There are actually plans to open 38 more of these.
We were 1% off on the difference between the average amount in men’s and women’s pension pots. Our data shows that men have 39% more in their pots, on average, than women.

Further reading:

Need a little extra help to level up? Then check out these articles from PensionBee.

Episode 15 transcript
Financial inclusion blog placeholder
How PensionBee’s supporting vulnerable customers
What is pension poverty?
Under-pensioned: finding disability support
Recovering mental health and recovering finances
How can I make my money Shariah-compliant?
How can we improve financial health amongst women?
How are pensions affected by wealth inequality?

Other useful resources:

Responsibility in design: designing products for accessibility, disability and neurodiversity (YouTube)
How to check your credit report (Money Helper)
FSCS
Bloom Money
OneBanx
Plain English Campaign
Plain Numbers
Progress Together
Levelling Up the United Kingdom (Government white paper)

Come and see us live!

Founder of Money To The Masses; Damien Fahy
Consumer Editor of the Financial Times and presenter of the Money Clinic Podcast; Claer Barrett
Financial Expert and Host of The Conversation of Money Podcast; Peter Komolafe
Director (VP) Public Affairs at PensionBee; Becky O'Connor.

Tickets are absolutely free, so if you’d like to attend - just click here.

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
The Pension Confident Podcast on YouTube

View Details

Come and watch us record a special episode of The Pension Confident Podcast in front of a live studio audience for the very first time!

Date: Thursday 4 May

Venue: The Studio in White City Place

Time: From 6:30pm

Nearest tube: White City (Central line).

Get your free ticket here

Philippa, along with special guests from the world of personal finance will be discussing whether your money’s better off in a pension or in an ISA. Our expert panel will include:

Founder of Money to The Masses; Damien Fahy
Financial Expert and Host of The Conversation of Money Podcast; Peter Komolafe
Consumer Editor at the Financial Times and Host of the Money Clinic Podcast; Claer Barrett
Director (VP) Public Affairs at PensionBee; Becky O’Connor.

Doors will open at 6:30pm before the podcast recording begins at 7pm. Before the main recording, we’ll also have a warm up set from the Founder of Mr MoneyJar; Timi Merriman-Johnson.

Tickets are absolutely free and include complimentary food and drink from Dear Grace, London.

Get yours here

Got a burning question about where to invest your money? Send us an email: podcast@pensionbee.com and your question could be read out on the night!

We’d love to see you there.

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast

The Pension Confident Podcast on YouTube

_________________________________________________________________________

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email: podcast@pensionbee.com

_________________________________________________________________________

View Details

Enjoying the podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email: podcast@pensionbee.com

_________________________________________________________________________

It’s time to sit back, listen and enjoy another episode of The Pension Confident Podcast. Whether you prefer to do that by yourself, with a partner or maybe even your children is up to you, because this month we talk all about how those relationships can affect your finances.

No matter what your relationship status is, each one brings its own financial questions and challenges. Right now, you might be happy just concentrating on yourself. Perhaps you’re cohabiting, or living with a friend or a sibling. You might be married or in a civil partnership. Or maybe you’re separated, divorced, or widowed. From ‘singles tax’, to prenups and wills - taking you through what you might need to think about as you experience these different relationships are:

Personal Finance Expert and Blogger at This Girl Talks Money; Ellie Austin-Williams.
Barrister, Mediator and Family Arbitrator, and a Spokesperson for free legal assistance charity, Advocate; Paul Infield.
PensionBee’s VP Public Affairs; Becky O’Connor.

Episode Breakdown:

03:55 Leaving home

07:02 The ‘singles tax’

10:16 Financial tips for single people

14:15 Cohabitation and the ‘common law’ marriage

20:42 Prenuptial agreements

22:16 Keeping your financial independence

24:55 Pension Sharing Orders

27:12 What to do when a partner dies

Further reading:

Want to make sure you’ve got all bases covered, no matter what your relationship? Then take a look at these articles from PensionBee.

Episode 14 transcript
How to tackle your personal finances when you’re single.
The best gift a husband can give to his partner is pension contributions.
What is the average pension income for a couple?
Your guide to Lifetime ISAs and pensions.
How does divorce or remarrying affect your pension?
How long after divorce can you claim a pension?

Other useful resources:

Milestones: journeying into adulthood (ONS)
Divorces in England and Wales: 2021 (ONS)
Singles Tax (This Girl Talks Money)
Child Benefit (GOV.UK)
Bereavement Support Payment (Age UK)
Bereavement useful contacts (Mind)

_________________________________________________________________________

Come and see us live!

On Thursday 4th May we’ll be recording our first ever episode in front of a live studio audience and we’d love for you to join us. Our host Philippa Lamb will be joined by special guests at White City Place in London from 6:30 pm to talk about whether your money’s better off in a pension or an ISA. You’ll also have the chance to get your questions answered by our expert panel.

Tickets are absolutely FREE, so if you’d like to attend - just click here.

_________________________________________________________________________

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast

The Pension Confident Podcast on YouTube

View Details

It’s a brand new year and we’re back with a brand new series of The Pension Confident Podcast! We kick off Series Two by taking a look at the behaviours that could affect our relationship with money and how we spend it: our financial personalities.

According to financial website Investopedia, the five common financial personalities are investors, savers, big spenders, debtors and shoppers. Do you identify with any of these? To discuss what this means for your finances and how you can train yourself to better to manage them are:

Personal Finance Expert and Founder of Mr MoneyJar; Timi Merriman-Johnson
Certified Money Coach, Mentor and Founder of The Money Whisperer; Emma Maslin
PensionBee’s Head of Content; Brooke Day

Episode Breakdown:

01:13 What are our financial personalities?

05:09 Spenders and shoppers.

08:31 Debtors.

09:30 Investors and savers.

12:15 How to figure out your financial personality.

16:31 How to improve and harness your financial personality.

27:17 Taking stock of matters outside of money.

Further reading:

Want to learn more about harnessing your financial personality? Then take a look at these articles from our podcast guest; Emma Maslin and the PensionBee team on The Buzz.

Understanding your money personality
How do our emotions drive our financial decisions
The 50-30-20 budgeting rule of thumb
Common money mistakes
Top 10 money apps for your smartphone

Other useful resources:

The Money Whisperer personality quiz
Understand your money personality (The Money Whisperer)
Myers-Briggs personality test
Robert Sapolsky dopamine research video
Money Habitudes

Catch up on the latest news, read our transcripts or watch on YouTube:

The Pension Confident Podcast
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Enjoying the podcast? Then don’t forget to give us a review! As always we’d love to hear your suggestions and feedback.

Send us an email:

podcast@pensionbee.com

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The Pension Confident Podcast’s been tackling the key questions surrounding pensions and the wider finance industry for over a year now, and we’re excited to announce that we’ll be back in 2023 with a brand new series to help you make the most of your finances.

We’ll be discussing a whole new batch of personal finance topics such as: How your financial personality plays into helping you achieve your money goals and what impact your relationship status can have on your finances.

Join Philippa Lamb each month where she’ll be joined by the best brains from across the financial industry, along with experts from the PensionBee team to help you get the best out of your pension.

While you wait for Series Two to land, check out our dedicated podcast page on the PensionBee website for all the latest updates, watch our previous series on YouTube or have a read through the transcripts of all of our episodes so far on The Buzz!

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With Christmas around the corner, our present to you is tackling an issue we all encounter in our pension policies and beyond: financial jargon.

From interest rates and income tax, to dividends and bonds, sometimes it feels like the language of personal finance is specifically designed to confuse us. So this month, we try to decipher some of the trickiest terms with the help of:

Stand Up Comedian and Host of the False Economy Podcast; Vix Leyton
PensionBee’s CMO; Jasper Martens

Episode Breakdown:

01:13 Our least favourite pieces of financial jargon

03:37 Jargon from the cost of living crisis

09:49 Financial Services industry acronyms

12:37 Pension industry jargon

17:29 Pension policy jargon

20:54 How can we further tackle the jargon?

*In this episode we briefly mention UK income tax bands, here are the full figures: The current basic rate of 20% applies if you earn between £12,571 and £50,270 per year, the higher rate of 40% applies to everyone who earns between £50,271 and £150,000, and the additional rate of 45% applies to all who earn £151,000 and over. However, as a result of the Autumn Statement on 17 November 2022, the higher and additional tax thresholds will change in the 2023/24 tax year. From April 2023, the higher rate of 40% will apply to those earning between £50,271 and £125,140, and the additional rate of 45% will apply to anyone earning over £125,140. You can find more information on the gov.uk website.

We also spoke about inflation in relation to the triple lock on State Pensions. We wanted to add that in the Chancellor’s Autumn Statement, it was confirmed that the State Pension will rise by 10.1% in April 2023 in line with the rate of inflation that was set in September 2022. This means that the full State Pension will increase from £185.15 per week and £9,627.80 per year to £203.85 per week and £10,600 per year.

Jargon list:

If you’re stuck on a particular term, here’s a list of some of the jargon we mentioned and a time stamp to help you find it.

03:51 Income tax

04:42 Inflation, RPI and CPI

06:28 Interest rates and the base rate

09:54 FTSE

10:30 IPO

11:43 ISA and LISA

12:53 State Pension triple lock

14:54 Risk

17:30 Annuity

18:32 Drawdown

20:19 Guaranteed Annuity Rate

Further reading:

Unfortunately, there’s simply too much financial jargon to cover it all in one episode! To get to grips with even more of the baffling language and details in your pension policies, check out our Pensions Explained pages:

Pension glossary
Special pension benefits glossary
How to read a fund factsheet

Other useful resources:

Money To The Masses
Boring Money
Money Helper
Pension Academy Series
The Buzz

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We’re living longer than we used to, meaning that most of us can look forward to around at least 20 years of retirement. But what does retirement look like to you? Rather than stopping work completely, it might mean working part-time, volunteering, or even starting up your own business!

In this month’s Pension Confident Podcast, we look at visualising your ideal retirement with the financial and lifestyle steps you can take to make it a reality. Philippa Lamb takes the helm as usual and is joined by:

Financial Journalist and Founder of Much More With Less; Faith Archer
Head of Media Relations at the Pensions and Lifetime Savings Association (PLSA); Mark Smith
PensionBee’s Senior Engagement Manager; Priyal Kanabar

Episode breakdown:

01:23 Guests’ retirement ambitions
03:10 Customer retirement ambitions
05:20 Factors to consider when deciding on retirement
09:38 The Retirement Living Standards
14:39 The different types of pensions
17:49 What happens in a Pension Wise appointment?
19:54 How can you take your pension?
25:20 What can be improved in the UK pension system?

*Just a note to say that in this episode we mention the State Pension, but don’t clarify how much that is. The current full State Pension is £185.15 per week or £9,627.80 per year. This will rise to £203.85 per week or £10,600 per year in April 2023 as confirmed by the Chancellor’s Autumn Statement. The State Pension age is currently 66, but will rise to 67 by 2028.

We also mention that the earliest you can take money out of most private and workplace pensions is currently from age 55, but this will rise to 57 by 2028.

For more information, please visit Pensions Explained on our website.

Further reading:

For more tips on achieving your dream retirement, check out our latest articles on The Buzz.

What makes a happy retirement?
Are you ready for the 100 year life?
How much income do you need in retirement?
What to do in retirement
Does the State Pension rise with inflation?
Can you live off the State Pension?

Other useful resources:

Pension calculator
Drawdown explained
What are the pros and cons of drawdown?
Pension Academy video series
PLSA’s Retirement Living Standards
PLSA’s ‘Five steps to better pensions’
Government’s State Pension page
Book a Pension Wise appointment

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According to The Money Charity, the average UK household debt in July 2022 was over £65,000, including secured debts like mortgages, along with unsecured debts such as credit cards. Since then, we’ve seen four different Chancellors, a ‘Mini-Budget’ and a major U-turn on some of those measures. All the while, cost of living increases from food shops to forecourts are still impacting us all.

On top of this, everyday life events can impact our finances. You may be out of work, about to retire, or going through a divorce, all of which can take their toll both financially and from a mental health perspective. So, what effect do circumstances like these have on us, and what can we do if we find ourselves in debt?

On this month’s episode, we hear listeners’ stories about their own debt struggles. Philippa Lamb is joined by Research Officer at the Money and Mental Health Policy Institute; Chris Lees, plus COO of PensionBee and Mental Health First Aider; Tess Nicholson to discuss these scenarios and talk about coping strategies. We also hear thoughts from Personal Finance Expert, Founder of Mrs Mummypenny, Author of 'The Money Guide to Transform Your Life and PensionBee customer'; Lynn Beattie on her own personal experiences of credit card debt.

Topics covered:

The causes of debt
The effects of debt on your mental health
The help available if you’re struggling financially
Listeners’ debt stories
Lynn Beattie’s personal debt recovery story

If you’re struggling with your mental health because of concerns about debt or anything else and need to talk to someone, call SAMARITANS on 116 123 - they are open 24 hours a day, 365 days a year. You can also text the word ‘SHOUT’ to 85258 and speak to a volunteer, anonymously.

For more information on the issues raised in this episode, follow these useful links from the PensionBee website:

https://www.pensionbee.com/podcast

https://www.pensionbee.com/blog/2022/september/six-ways-to-manage-your-money-and-mental-health

https://www.pensionbee.com/blog/2020/june/debt-and-mental-health

https://www.pensionbee.com/blog/2021/february/how-to-talk-about-money

https://www.pensionbee.com/pension-academy-videos/what-happens-in-special-circumstances

https://www.pensionbee.com/blog/2022/october/the-effects-of-debt-and-how-to-break-the-cycle

https://www.pensionbee.com/blog/2019/july/15-credit-card-tips

https://www.pensionbee.com/blog/2021/october/introducing-mental-health-first-aiders

https://www.pensionbee.com/blog/2021/october/recovering-mental-health-and-recovering-finances

https://www.pensionbee.com/blog/2017/may/4-reasons-why-sorting-your-pension-is-important-for-your-health

https://youtu.be/8cty3vb4_08

Resources we mention in this episode, plus other useful links:

https://nationaldebtline.org/

https://www.stepchange.org/

https://capuk.org/

https://www.citizensadvice.org.uk/

https://www.turn2us.org.uk/

https://www.mrsmummypenny.co.uk/mrs-mummypenny-talks/

https://www.muchmorewithless.co.uk/podcast-cost-of-living-crisis/

https://www.mrsmummypenny.co.uk/mrs-mummypenny-talks-debt-cost-of-living-s5-ep6-ad/

https://www.moneyandmentalhealth.org/

https://www.fca.org.uk/consumers/financial-impact-rising-cost-living

https://www.moneysavingexpert.com/debt-help/

Join us next month, where we’ll discuss what a happy retirement can look like for you. As always, we’d love to hear your stories and feedback. You can send them to us by emailing podcast@pensionbee.com. We look forward to reading!

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We’ve all got used to hearing the phrase ‘cost of living crisis’. Bills are rising and millions of us are anxious about where that might leave us. So, it’s fair to say the crisis isn’t just having an impact on our finances, it’s affecting our mental health too.

According to research from the Money and Mental Health Policy Institute, 46% of people who’re struggling with household debts also suffer from a mental health problem. With bigger bills to come, millions of us may see our finances overstretched, so how can we reduce the risk of money worries impacting our mental health?

Philippa Lamb is joined by the CCO of the Financial Services Compensation Scheme (FSCS); Lila Pleban, Founder and Managing Director of Psychreg; Dennis Relojo-Howell, and PensionBee’s COO and Mental Health First Aider; Tess Nicholson.

Topics covered:

Personal experiences from Dennis, Lila, and Tess
Who might be most affected by money worries
What you can do to protect yourself
What the government should do to alleviate the problem

If you’re struggling right now and need to talk to someone, call SAMARITANS on 116 123 - they are open 24 hours a day, 365 days a year. You can also text the word ‘SHOUT’ to 85258 and speak to a volunteer, anonymously.

Read more about the relationship between your finances and mental health on our website:

https://www.pensionbee.com/blog/2022/september/six-ways-to-manage-your-money-and-mental-health
https://www.pensionbee.com/blog/2020/june/debt-and-mental-health
https://www.pensionbee.com/blog/2021/october/introducing-mental-health-first-aiders
https://www.pensionbee.com/blog/2021/october/recovering-mental-health-and-recovering-finances

Resources we mention in this episode, plus other useful links:

https://maps.org.uk/
https://www.moneysavingexpert.com/
https://www.citizensadvice.org.uk/
https://www.moneyandmentalhealth.org/
https://www.nationaldebtline.org/fact-sheet-library/breathing-space-ew/
https://www.moneyhelper.org.uk/en/everyday-money/budgeting/budget-planner
https://www.turn2us.org.uk/
https://www.rcpsych.ac.uk/mental-health
https://www.mind.org.uk/
https://www.shelter.org.uk/

Join us next month, where we’ll be talking about the effects of debt and what to do if you find yourself in it. We’re keen to hear your stories, contact us on podcast@pensionbee.com and tell us about your experiences with debt. You can do so anonymously if you’d prefer.

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Survey data suggests that only 52% of seven to 17 year-olds believe they’re receiving a meaningful financial education. But with parents, guardians and caregivers already juggling so much, it can be difficult to ensure kids are learning enough about money in school and beyond.

According to the Money & Pensions Service, almost 40% of adults in the UK don’t feel confident managing their money, yet we’re expected to be financially literate and confident enough to educate our children. From picking a suitable savings account, to choosing when you can afford to retire, there’s a lot to learn when it comes to making the ‘right’ decisions with our money.

So, when and how should we learn about money?

Business and finance journalist Laura Miller steps in for Philippa Lamb this month, and is joined by Will Carmichael, Co-Founder and Chief Executive Officer of NatWest Rooster Money, and Emma Maslin, a certified money coach and mentor, and Founder of The Money Whisperer website.

In this episode we mention that financial education isn’t taught until secondary school. We’d like to clarify that this is only the case in England, and that in Scotland, Wales, and Northern Ireland, children do receive financial education as part of the primary school curriculum.

Read more on teaching kids about finance on our website:

https://www.pensionbee.com/blog/2022/july/teaching-kids-about-money-and-financial-literacy

https://www.pensionbee.com/blog/2022/july/should-i-teach-my-children-about-money

https://www.pensionbee.com/blog/2021/october/how-to-teach-kids-about-money

https://www.pensionbee.com/blog/2021/april/starting-early-to-bridge-the-gender-pension-gap

Some handy further reading and resources:

https://moneyandpensionsservice.org.uk/

https://roostermoney.com/

https://themoneywhisperer.co.uk/category/family-activities/

https://www.mybnk.org/our-work/financial-education/family-money-twist-years-3-6/

https://www.young-enterprise.org.uk/wp-content/uploads/2021/07/Inquiry-on-primary-school-aged-financial-education-Report.pdf

https://www.fincap.org.uk/en/articles/key-statistics-on-uk-financial-capability

https://www.pensionbee.com/blog/2022/february/podcast-episode-3

https://www.pensionbee.com/resources/pensionbee-report-womens-pensions-if-no-gender-pay-gap.pdf

If you’re enjoying our Pension Confident Podcast and have feedback you’d like to share, we want to hear from you. Drop us an email on podcast@pensionbee.com. We’re taking a break from recording in August but we’ll be back with another brand new episode in September, so tune in to hear us discuss how we can combat the effect of money worries on our mental health.

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Last year saw a 30% hike in swindlers’ profits compared to the year before. Now you might think you're too savvy to be caught out. But are you confident you know how to spot a scam?

According to the Office for National Statistics; in the year to March 2021, there were more than four million offences recorded for fraud alone! Action Fraud says that criminals walked off with more than £2.3 billion.

So what are the signs of fraud and how can you protect yourself?

Joining us to discuss this are Michelle Cracknell CBE; former Chief Executive of The Pensions Advisory Service, and an Independent Non-Executive Director at PensionBee, Lisa Markey; Head of Security and Counter Fraud at the OBIE, and Jonathan Lister Parsons; Chief Technology Officer at PensionBee.

Read more on what you can do to avoid be scammed on our website:

https://www.pensionbee.com/blog/2022/june/how-to-spot-a-pension-scam

https://www.pensionbee.com/blog/2018/june/4-pension-scams-to-watch-out-for

https://www.pensionbee.com/pensions-explained/retirement-planning/pension-liberation

See how easily you can spot a scam by playing our interactive game:

https://www.pensionbee.com/blog/2020/april/introducing-scam-man-and-robbin-game

Some handy further reading to top up your knowledge:

https://moneyandpensionsservice.org.uk/

https://register.fca.org.uk/s/

https://www.fca.org.uk/scamsmart/types-of-pension-scam#review

https://www.fca.org.uk/consumers/protect-yourself-scams

https://www.actionfraud.police.uk/reporting-fraud-and-cyber-crime

If you’re enjoying our Pension Confident Podcast and have feedback you’d like to share, we want to hear from you. Drop us an email on podcast@pensionbee.com. Tune in to next month’s episode where we'll be discussing how to teach kids about money!

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When it comes to being socially responsible you may already be recycling, enjoying meat-free Mondays, or travelling by train instead of plane. As a society more and more of us are investing in line with our beliefs too. And Shariah investing is part of that. Recent data from Reuters estimates the global market for Shariah funds has grown by more than 300% in the last decade. So, there’s increasing demand for Islamic investments but how are they different from other investments?

Joining us to discuss this are Ibrahim Khan, former lawyer and Co-founder of investment and personal finance platform Islamic Finance Guru, and Martin Parzonka, Head of Product at PensionBee.

Read more about Shariah investing on the PensionBee website:

https://www.pensionbee.com/blog/2019/march/3-key-principles-behind-shariah-pensions

https://www.pensionbee.com/blog/2020/january/what-is-responsible-investing

In addition, here’s some handy further reading:

https://www.islamicfinanceguru.com/articles/investment/is-my-pension-halal-a-really-really-simple-guide-ifg

https://www.bbc.co.uk/news/av/business-21784419

https://www.ftadviser.com/investments/2021/12/21/fintech-and-the-rise-of-islamic-finance/

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The Office for National Statistics reported that the price of consumer goods are increasing at the highest rate in almost 30 years. On 23 March, Chancellor Rishi Sunak introduced new measures to tackle the cost of living crisis in the Spring Budget, but did he go far enough? With people having to choose between heating their homes and buying their groceries, what can we do to cope with the current cost living crisis? What is causing it, when will it all be over and of course how does your pension fits into all of this?

Joining us to discuss this are Clare Reilly, Chief Engagement Officer at PensionBee, Lynn Beattie, personal finance expert and Managing Director of Mrs Mummypenny, and Scott Mowbray, Chief Communications Officer & Co-founder at Snoop.

If you’re struggling, support is available. Here are some charities we highlighted in the podcast:

Step Change (https://www.stepchange.org/)
Citizens Advice (https://www.citizensadvice.org.uk/)
National Debtline (https://www.nationaldebtline.org/)

Read more about the cost of living crisis and latest tax changes on the PensionBee website:

https://www.pensionbee.com/blog/2022/march/how-2022-spring-budget-impacts-your-pension

https://www.pensionbee.com/blog/2022/april/what-happened-to-pensions-in-march-2022

https://www.pensionbee.com/blog/2021/november/how-does-inflation-affect-pensions

In addition here’s some handy further reading:

https://www.entitledto.co.uk/blog/2022/february/our-annual-review-suggests-about-15-billion-of-benefits-remain-unclaimed-each-year

https://www.ftadviser.com/pensions/2022/04/01/get-money-in-now-how-the-spring-statement-affects-pensions/

https://www.bankofengland.co.uk/monetary-policy/inflation

https://www.ftadviser.com/pensions/2022/04/05/no-quick-fixes-in-chancellor-s-spring-statement/

https://www.mrsmummypenny.co.uk/product/the-money-guide-to-transform-your-life/

Please note that figures mentioned at the beginning of the episode are estimated based on the performance of the MSCI World (GBP) provided by State Street Global Advisors as at 31 March 2022. Figures are subject to rounding. As always you can also shoot us any questions or feedback to podcast@pensionbee.com

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Data from the Office of National Statistics suggests that one in four people think of their property as a way of funding their retirement, and it’s easy to see why; the property market has seen huge growth over the decades, far outstripping inflation. But does investing in property at the expense of your pension really make more sense financially?

Joining us to discuss this are Abba Newbery, Chief Marketing Officer at online mortgage broker, Habito, Ken Okoroafor, founder of the Financial Joy Academy and The Humble Penny, and Rachael Oku, Vice President Brand and Communications at PensionBee.

Just a couple of extra points around pensions and beneficiaries that we didn’t mention on the podcast:

Pensions usually fall outside the estate but not 100% of the time
When someone passes away before age 75 the tax treatment is the same regardless of whether they have previously accessed their pension or not

Read more about pensions and beneficiaries on the PensionBee website:

https://www.pensionbee.com/pensions-explained/pension-rules/pension-rules-after-death

In addition here’s the research we mention:

https://www.unbiased.co.uk/news/financial-adviser/one-in-six-over-55s-have-no-pension-savings-yet https://www.lloydsbankinggroup.com/media/press-releases/2019/halifax/house-prices-have-trebled-since-millennium.html https://www.investopedia.com/articles/personal-finance/022216/put-10000-sp-500-etf-and-wait-20-years.asp

And some handy further reading from the PensionBee team:

https://www.pensionbee.com/blog/2021/august/how-to-diversify-your-pension-investments
https://www.pensionbee.com/blog/2020/september/pension-or-property

As always you can also shoot us any questions or feedback to podcast@pensionbee.com

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Research from PensionBee tells us that women face real obstacles when it comes to creating a comfortable retirement. In fact, the average disparity between men and women’s pensions is 38% and has grown to almost 60% in some parts of the UK.

So, how did we get here? What’s standing in the way of women saving enough for their retirement? And what can we do about this problem?

Joining us to discuss all of this more are Romi Savova, CEO of PensionBee, Sam Brodbeck, Personal Finance Editor at The Telegraph and Emilie Bellet, founder of the financial education company Vestpod.

You can read more about PensionBee’s research into the gender pension gap here:

https://www.pensionbee.com/resources/pensionbee-report-womens-pensions-if-no-gender-pay-gap.pdf

And if you’d like to start consolidating your pensions, you can discover how PensionBee can help here:

https://www.pensionbee.com/combine

As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest.

Shoot us any questions or feedback to podcast@pensionbee.com

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Are you self-employed, or toying with making the switch? Join us as we explore the things you need to know when it comes to your self-employed pension, with Emma Jones CBE, founder of Enterprise Nation and Martin Parzonka, Head of Product at PensionBee.

In case it wasn't clear enough on the podcast, we'd like to clarify that tax-relievable personal contributions are limited to the lower of personal earnings and the annual allowance (£40k). Employer contributions such as those made from your limited company may be more than your earnings but are limited by the annual allowance (£40k). You can find out more about managing your self-employed pension and all the tax facts through the handy links below:
https://www.pensionbee.com/pensions-explained/pension-contributions/contributing-to-your-pension-from-your-limited-company
https://www.pensionbee.com/pensions-explained/pension-types/self-employed-pensions
https://www.pensionbee.com/pensions-explained/pension-contributions/private-pensions-for-self-employed

And the helpful Auto-Enrolment resources we mention in the episode can be found here:

https://www.gov.uk/workplace-pensions-employers
https://www.thepensionsregulator.gov.uk/en/employers/new-employers

As always you can also shoot us any questions or feedback to podcast@pensionbee.com

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In the first episode of the Pension Confident Podcast we put your questions to Clare Reilly, Chief Engagement Officer at PensionBee, to address some of the queries customers have been asking about sustainable investing - can you really help tackle climate change with your pension’s investment choices? Then, later in the show, we're joined by Damien Fahy - founder of popular personal finance website Money to the Masses - to discuss how he believes you can get the equivalent of a £30,000 annual pension income by investing as little as £80 a month. Yes, just £80 a month!

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Every month Peter Komolafe will be talking to experts from the PensionBee team and some of the best brains in personal finance, to discuss the biggest topics impacting your pension. Subscribe today and join us soon for episode one, where we’ll be addressing the key questions around sustainable investing - can it really make a difference to climate change? - and discussing how you could get the equivalent of an annual £30,000 pension income by investing as little as £55 a month. Yes, just £55 a month!

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