The Martin Lewis Podcast Q&A Special: Beat the bill rises, ISAs, Car financing, Pension tax, Premium Bonds, Child Trust Funds and more
Apr 2, 2025
Martin and Adrian tackle urgent financial queries amid rising costs, discussing strategies for managing utility bills and council tax. They dissect a Supreme Court case on car finance mis-selling and the implications for consumers. The duo also advises on Child Trust Funds transitioning to ISAs, and the importance of pension contributions. A light-hearted credit score quiz adds humor, while personal customer service stories showcase the difference between average and exceptional interactions. Tune in for valuable insights on navigating today's financial landscape!
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Water Bill Savings
- Consider a water meter if your household has more bedrooms than people.
- Check your water company's social tariff if you're on a low income, as it could drastically reduce your bill.
Water Industry Issues
- The water industry lacks competition and has poorly defined regulations, leading to companies getting away with overcharging.
- Consumers can contact the Consumer Council for Water for complaints, but there isn't a dedicated water ombudsman.
Fixing Energy Tariffs
- Fix your energy tariff now to avoid the 6.4% price cap increase, as current fixes are cheaper.
- Most people should switch from the price cap to a fixed tariff for better value.