The Pension Confident Podcast

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: [email protected]. 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: [email protected]. 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: [email protected]. 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: [email protected]. 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: [email protected]. 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: [email protected]. 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.

BONUS EPISODE: "I stopped paying into my pension for 20 years" 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: [email protected]. 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: [email protected]. 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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.

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: [email protected]. 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.