When will you be able to retire... and will it be with a state pension?
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 26 July 2025
⏱️ 44 minutes
🧾️ Download transcript
Summary
The Institute for Fiscal Studies' pronouncement in the same week that the government announced a state pension review set the cat amongst the pensions.
But would Labour - or any party - really hike the state pension age that high? Wouldn't it be political suicide and spark protests in the street?
The IFS warning hinged around the triple lock and balancing the books, but it's clear that the risk of the state pension age rising from its current timetable's maximum 68 is high.
On this episode of the This is Money podcast, Georgie Frost, Helen Crane and Simon Lambert, discuss what could happen to the state pension, when we might be able to retire and what we all need to do to get there.
Pension saving is also under the spotlight and the team discuss how to make the most of your work scheme or a Sipp.
Plus, a double tax hit on inheritances is on the way, as pensions are pulled into the net. Does the government need to change tack rather than plough on with a levy that will reach 64 per cent for many affected?
The FTSE 100 finally broke through 9,000 this week, is 10,000 on the cards and why is the UK stock market doing well?
And finally, buy and hold is the traditional investment mantra, so why does one bitcoin expert say you shouldn't do that and should trade it instead?
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to This Is Money podcast sponsored by Charles Stanley Direct. I'm Georgie Frost and joining me and Simon Lambert today is Helen Crane. And coming up, just how long will we have to wait to get a state pension? As the government launches another review into the age we can get hold of our cash. Experts suggest it could go as high as |
| 0:22.3 | 74. Meanwhile, auto-enrollment has been a game changer for getting more of us to save for retirement, |
| 0:28.2 | but it's not going to be enough. So should the age be lowered to 18? Also, today Labor ignores |
| 0:33.8 | the double tax hit warning from experts and plows on with plans to include pensions into the inheritance tax net. |
| 0:41.4 | But those in the know are using a little known loophole to get round the Chancellor's raid. |
| 0:46.2 | And Simon's been looking into how to bag the highs and avoid the bus of investing in crypto. |
| 0:52.2 | Don't forget a step to date with all the latest breaking money news just |
| 0:54.8 | go to this ismoney.co.uk or download the app. Take control of your finances with Charles |
| 1:00.9 | Stanley Direct, invest, save, coach or plan using technology where it's helpful and people where it |
| 1:09.6 | matters. Our website and app make trading cost effective and flexible, |
| 1:14.3 | but we're more than just an online investment service. |
| 1:17.3 | We're here for you regardless of your financial needs, |
| 1:20.3 | or if your life takes an unexpected term. |
| 1:23.2 | Your finances, your way. |
| 1:25.8 | Take control today with Charles Stanley Direct. Sign up now. |
| 1:30.1 | Investment involves risk. |
| 1:31.9 | But first, there's been plenty of speculation this week about the age at which we can start |
| 1:37.0 | taking our state pension following a new review. Now, currently it's 66, going up to 67 within |
| 1:42.9 | the next couple of years. |
| 1:48.2 | But the Institute for Fiscal Studies reckons that without reform of the triple lock, |
| 1:53.0 | it could have to rise to 74 by 2069. |
| 1:55.2 | So could this really happen? |
... |
Transcript will be available on the free plan in 1 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from This is Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of This is Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.