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This is Money Podcast

Do you really want your pension invested in risky unlisted companies?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1650 Ratings

🗓️ 17 July 2023

⏱️ 52 minutes

🧾️ Download transcript

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0:00.0

Welcome to This Is Money podcast. I'm Georgie Frost and joining me and Simon Lambert today is Tanya Jeffries.

0:09.4

And coming up, Jeremy Hunt's high risk plan to boost your pension, some skeptical, others say it's not ambitious enough.

0:17.1

It might be an idea to sort out our state pension first, though. Up to 10 million records may be wrong due to a six-year computer failure cover-up, exposed by this as money. Also today, the Bank of England reveals the pain of their hikes. Thousands a year extra will go on mortgage repayments for one million people. Simon says the bank owes them an apology.

0:39.6

Meanwhile, the mortgage charter kicks in to help struggling homeowners, and would Britain's

0:43.8

roads be safer if only women drove?

0:47.5

Don't think you'd stay up to date. With all the latest breaking money news, just go to this ismoney.com.

0:51.2

com or download the app.

0:53.5

Don't forget, you can stay on top of what's going

0:56.0

on in the markets by tuning in to the Digest and Invest podcast by Itoro. Go to your regular

1:00.2

podcast platform and listen on the go. Digest and Invest by Itoro, the podcast for those interested

1:05.2

in trading and investing. But first, under normal circumstances, we'd be rather skeptical of

1:10.6

some bloke offering to boost your investments by 12%.

1:13.2

But that is exactly what Jeremy Hunt is saying he could probably do for our pensions.

1:17.3

The Chancellor has unveiled his plan to invest retirement savings to the benefit of you and hiking UK growth.

1:25.7

So everyone's a winner.

1:27.4

So what does it actually mean for us, though?

1:30.7

And will it work? Welcome, Daniel. Welcome Simon. Simon. Give us the overview and

1:36.2

Tanya will get to the nitty gritty. But politically speaking, what's the, what's the Chancellor doing here?

1:42.7

The Chancellor was making his, his mansion house speech

1:45.7

to the great and the good of the financial world. And as part of this, he unveiled measures

1:52.4

that had been trailed for some time. We expected these. Tanya, in fact, wrote about them last week

1:58.9

or the week before. And they're aimed at unlocking billions of pounds of pension cash to try and support the UK economy.

...

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