Nearly half of working-age people are saving nothing for retirement — so what’s gone wrong, and what changes are coming? We sat down with Pensions Minister Torsten Bell at the Pensions UK conference in Manchester to unpack the government’s plan.
🤝 Learn about our financial adviser services & book free consultation: https://makingmoney.email/financial-advisors-audio
🎉 Sponsors
Franchise Exhibition - go for free: https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/
TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: https://makingmoney.email/taxzap
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
–
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
00:00 - We’ve got to finish the job
05:17 - 45% of people aren’t saving for retirement
08:20 - We can’t get complacent
10:53 - TaxZap ad
11:52 - Big changes are coming
16:36 - Does the pensions industry have a problem?
21:09 - Should your pension be invested in the UK?
24:29 - Vanta ad
25:39 - What age will you get a state pension?
30:47 - Is the triple lock putting future retirements at risk?
33:42 - What will happen over the next 5 years?
35:08 - What we thought about the Pensions Minister
