You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one.

I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds.

I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects,

relationships, identity, comedy, even one that mixes poetry, music and inner city life.

So one day I'll be helping host develop their ideas, the next fact-checking, a feature,

and the next looking at how a podcast connects with its audience, and maybe that's you.

So if you like this podcast, check out some others on BBC Sounds.

BBC Sounds, music, radio podcasts.

Welcome to the podcast of Moneybox Live, the program about your money.

How confident are you that you will be able to afford to retire?

And what do the latest pension announcements actually mean?

Well, that's what we're looking at in this podcast. Now, some of the pension industry's biggest

players have agreed a new approach to investments, which it is hoped could produce bigger payouts

for pensioners and give a boost to British industry, although there are big questions over whether either of those will actually happen.

The Chancellor announced the changes in his annual Mansion House speech.

Nine of the largest pension funds have agreed a voluntary pact in which they will invest 5% of their money into start- in fintech, biotech and clean technology sectors

by 2030. But how significant is this change of tack? And in an age of high inflation, which is now

7.9% and rising interest rates, what is the best way to manage your pension pot? Well, first of all,

Moneybox reporter Luke Smithhurst has been speaking to people in Preston about their pension

questions. I don't really understand a lot about it. I've only been paying into my pension for

about four years now. So it's like, I just get some money taken out every now and

again. How old are you, do you mind me asking? I'm 27. And how do you feel about that? Would you like to have

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