Pension gurus on top-ups and sums behind a comfortable retirement
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 7 March 2025
⏱️ 69 minutes
🧾️ Download transcript
Summary
As long as you get your payment or a callback request in by 5 April you can still benefit from the deal, but after that you will only be able to fill gaps from the past six years.
And many are facing a backlog with payments in limbo – so what's going on?
This week pension gurus Sir Steve Webb and Tanya Jefferies join Lee Boyce and Georgie Frost to talk all things retirement.
How can people save sufficiently to provide an income in retirement which they cannot even earn in salary? Steve replies to this tricky question.
The state pension is going up in a month, with the headline rate at 4.1 per cent thanks to the triple lock. But Tanya reveals that elements of it are only going up 1.7 per cent... and does Sir Steve think the triple lock will survive?
We're on the precipice of Billmageddon with council tax, water bills, train fares, car tax, telecoms and even stamp duty rising – can you dodge the worst of the rises?
And Lee has five top tips for bidding at online auctions to pick up genuine bargains… but just remember the fees, no tweed required.
Transcript
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| 0:00.0 | Welcome to This Is Money podcast sponsored by Charles Stanley Direct. |
| 0:06.0 | I'm Georgie Frost and joining me and Lee Boyce today is Tanya Jeffries and a very special guest. |
| 0:12.0 | This is Money Pensions Agony Uncle, Sir Steve Webb. |
| 0:15.0 | And coming up, if you want to take advantage of a special offer to fill holes in your state pension, |
| 0:20.0 | or you better get your skates on, the deadline looms, but this is money readers are still battling long delays. |
| 0:26.8 | The government's responded with a callback request service. Will it work? |
| 0:31.3 | Also today, why do I need more than the average salary for a comfortable retirement? asked |
| 0:36.6 | one reader. So Steve answers. And why are some key elements of the state pension only going up by 1.7% in April? |
| 0:45.3 | Plus save hundreds by beating Bill Mageddon, from water to council tax, the six big bill hikes coming next month, |
| 0:53.3 | and five tips for bidding at auction houses online and bagging bargains from our very own Lee Boys. |
| 1:00.5 | Don't forget. |
| 1:01.2 | You stopped open with all the latest breaking money news. |
| 1:03.4 | Just go to this ismoney.co.uk or download the app. |
| 1:07.1 | Take control of your finances with Charles Stanley Direct. |
| 1:16.1 | Invest, save, coach or plan using technology where it's helpful and people where it matters. |
| 1:19.5 | Our website and app make trading cost effective and flexible, but we're more than just |
| 1:24.1 | an online investment service. |
| 1:26.3 | We're here for you, regardless of your financial |
| 1:28.5 | needs, or if your life takes an unexpected term. Your finances, your way. Take control today with |
| 1:36.4 | Charles Stanley Direct. Sign up now. Investment involves risk. But first, people with holes in their |
| 1:42.8 | state pension records have just one more month |
| 1:45.7 | to take advantage of a special offer. That sounds so exciting, doesn't it? To buy missing years |
... |
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