How digital payments are changing the way we donate
Money Box
BBC
4.2 • 825 Ratings
🗓️ 14 September 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
This week Big Issue sellers have started to accept contactless payments. As donations to good causes dwindle we find out how digital transactions are reshaping the way we donate.
Can 20 somethings who are making the minimum auto-enrolment pension contributions still have a comfortable retirement? A recent study found more than half of savers are confident that they will but experts are concerned that this confidence is misplaced. We crunch the numbers for a couple of volunteers to find out.
And we look at the impact of a project to reduce the cost of the school day on the lives of families in Scotland.
Presenter: Paul Lewis Reporter: Bethan Head Producer: Alex Lewis Editor: Emma Rippon
Transcript
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| 0:00.0 | You're about to listen to a BBC podcast, but this is about something else you might enjoy. |
| 0:05.4 | My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds. |
| 0:10.8 | The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that. |
| 0:17.5 | With music on sounds, we offer collections and mixes for everything, from workouts to |
| 0:22.4 | helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put |
| 0:28.3 | together by people who know their stuff. So if you want some expertly curated music in your life, |
| 0:35.0 | check out BBC Sounds. |
| 0:41.3 | BBC Sounds, music, radio, podcasts. |
| 0:47.0 | 10 million more people now pay into a pension at work. That's thanks to auto-enrollment. |
| 0:52.1 | All employers have to set up a pension scheme and anyone earning over £10,000 a year is automatically enrolled into it. |
| 0:57.6 | But a recent survey by pension provider Atlas Capital Trust found that more than half the people paying into an auto-enrollment pension |
| 1:01.1 | think because the contributions are set down by the government |
| 1:04.4 | that they're paying enough. |
| 1:06.3 | But the amounts being paid in are in fact very small |
| 1:09.1 | and experts are worried it's not enough. |
| 1:12.2 | Jodie Boyce is 24. |
| 1:13.7 | She's recently started paying into an auto-enrollment pension. |
| 1:17.0 | She's joining us now. |
| 1:19.0 | Jody, you're on minimum wage, as I understand it. |
| 1:21.4 | How much you paying into this pension? |
| 1:24.3 | At the moment, in the last sort of four months, I've in £98, so it works out at about £25 a month. |
| 1:31.5 | Do you think that's enough? |
... |
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