meta_pixel
Tapesearch Logo
Log in
Today in Focus

Why is it becoming so hard to retire in the UK?

Today in Focus

The Guardian

Daily News, News

4.5778 Ratings

🗓️ 16 February 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Everyone agrees the state pension system needs reforming – so why is changing it so hard?. Help support our independent journalism at theguardian.com/infocus

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Guardian. Today an episode about pensions.

0:13.0

And if your first reaction to that was boring, then this is an episode for you. What do you get when you mix bicycle helmets?

0:27.0

Langerie?

0:32.0

Hmm? limits, a lingerie, and vegan ice cream.

0:37.0

Well, workspace actually.

0:44.0

With 4,000 of London's most original businesses already calling workspace home,

0:49.0

whatever it is you do, there's a space for you here.

0:52.0

It all happens at workspace.

0:55.0

Search workspace.co. UK.

0:58.0

I live with my wife and my 28 year old son along with our dogs which are out at the moment which is where it's nice and quiet.

1:09.0

Tim Jaffrey is 64 years old.

1:12.0

He's close to the age where he gets to access his state pension.

1:17.6

And pensions are something he didn't think much about when he was in his 20s and 30s.

1:22.1

Maybe that sounds familiar. When I was in his 20s and 30s. Maybe that sounds familiar.

1:24.0

When I was younger, I never thought about it.

1:26.0

You know, you're caught up in the moment.

1:28.0

You're thinking about paying the mortgage,

1:31.0

you know, buying a house, stuff like that, raising a family.

1:34.4

For many years, Tim worked in an industry that paid really well.

1:38.0

It was 25 years as a newspaper and magazine printer.

1:42.2

In the 1980s, newspaper and magazine printing kind of became

1:47.9

very boom and bust. Printing was very well paid. Part of the problem with a boom and bust thing was that I never had a stable pension.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Guardian, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Guardian and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.