Will you be hit by the UK pensions crisis?
Making Money
Intro
Discussion on addressing the lack of financial understanding among employees by providing guidance and coaching, emphasizing the significance of engaging with workplace pensions for long-term financial well-being.
We can’t talk enough about the pension’s crisis. Most people aren’t saving enough for the life they are going to want and something has to be done about it. We cover the big questions: why is there a problem, how much we really need to be saving and will the state pension even exist when you retire?
Tom McPhail is a pensions industry expert. A former Head of Policy at Hargreaves Lansdown, he now works for finance consultancy firm Lang Cat.
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