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The Property Podcast

TPP153: You need to understand the pension crisis!

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 18 February 2016

⏱️ 32 minutes

🧾️ Download transcript

Summary

This week we’re in doom and gloom mode once again! Last week it was risks, the previous week it was mistakes…and now we’re tackling the bright’n’breezy topic of being broke in retirement. Yes, the pension crisis is real – more real than most p

Transcript

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0:00.0

Hey everyone, Rob B here with Rob D and yes you are listening to the Property Podcast you haven't

0:05.8

misclicked your Podcast app.

0:08.3

This week you need to understand the pension crisis.

0:11.0

Do not turn off, please stick with with us you'll see why soon.

0:17.0

Yes hello welcome to the property podcast thank you for listening Thank you for tuning into what's inadvertently

0:25.5

part three of the Doom and gloom trilogy. We've talked about mistakes, we've talked

0:30.2

about risks, and now we're talking about the pension crisis.

0:33.4

What's happened to us over Christmas?

0:35.8

I don't know what happened to make us so Jaidis.

0:37.8

Did we not get what we asked, Thor, is that one of it is and we're taking it out on the world?

0:41.9

I'm not too sure. But no, I think these topics,

0:46.7

although they may sound doom and gloom, we're turning around each week. We've got a good job on

0:50.9

our hands as we turn around a pension crisis, we'll see.

0:53.2

But they're so important to understand, because if you understand the doom and gloom,

0:57.4

then you can go and chase the positivity and avoid the doom and gloom.

1:00.6

I hope that makes sense, but by the end of the podcast it should.

1:03.2

So this is a meaty topic so should we jump straight into our new story?

1:07.4

Yeah let's on a demon gloom theme we've kind of got a couple of related stories that link us into the main

1:16.1

topic. So firstly I'm sure it won't have escaped people's attention if they've

1:21.0

walked past a TV screen or opened a newspaper that the stock market

1:25.3

is not doing particularly well. On the day that we are recording this, the Foot C100 closed at 549 which is a gigantic fall from where it was just a couple of months ago

1:37.5

and that obviously ties into people's pensions and on the pensions front the main story that you dug out from the express.

...

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