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The Meaningful Money Personal Finance Podcast

Unsecured Pensions - Pensions Masterclass 8

The Meaningful Money Personal Finance Podcast

Pete Matthew

Education, Business, Investing

4.91.7K Ratings

🗓️ 3 October 2018

⏱️ 27 minutes

🧾️ Download transcript

Summary

Last week we covered the time-honoured method of taking an income from your accumulated pension funds, by buying an annuity. While I’m convinced they still have their place, there’s no denying that unsecured income is a far more popular way of taking money out of your pensions. So let’s look at what that actually means in practice.

Transcript

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0:00.0

Hi folks and welcome to the Meaningful Money Podcast season 11 episode 8.

0:04.0

Let's go. This is the podcast dedicated to helping you put your finances in order.

0:18.0

My name is Pete Matthew and I'm going to share with you everything you need to know

0:20.9

and everything you need to do to secure your financial future.

0:24.4

I'm here to help you make sense of money.

0:27.0

Here we are once again great to have you with me. We're you know motoring through

0:38.8

our season on pensions the pensions masterclass and last week we covered the time-honored

0:44.3

method of taking an income from your accumulated pension funds by buying an

0:48.5

annuity and as I said last week I'm convinced that they still have their place, but there is no denying

0:56.2

that unsecured income, the kind of alternative to annuities, is now a far more popular way of taking money out of your

1:03.8

pensions so we need to look at what that actually means in practice so that's where

1:07.4

we're going today after the main body of the show give you a quick update on

1:10.6

the book look at most recent reviews that have been left,

1:13.4

announced what we're going to be talking about next time.

1:14.9

Usual drill, but before all that, remember, this podcast is brought to you with the help of my

1:18.5

friends at 7 Investment Management.

1:21.1

Now they specialize in multi- multi asset investing, something I talk

1:23.7

about a lot here and I reckon that should form the core of most people's investment portfolio,

1:28.1

whether that's in their company pension or their ICER or whatever. Seven A.M. have been helping me out on meaningful money here for ages since the spring of 2011

1:37.0

and I'm super grateful to them for helping me out.

1:39.0

Just agreed for another year's support, which is just amazing.

1:43.8

So that will be a total of eight years,

...

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