The Pension Confident Podcast

PensionBee

We get it, pensions can be overwhelming. But PensionBee is on a mission to build pension confidence. Whether you’re just starting your savings journey, nearing retirement, or somewhere in between, the award-winning Pension Confident Podcast is here to help you get the best out of your pension. Subscribe today to hear from some of the best brains in personal finance every month, and get expert insights from the PensionBee team. Remember, anything discussed on this podcast should not be regarded as financial advice and as always with investments, your capital is at risk. https://www.pensionbee.com/podcast read less
BusinessBusiness

Episodes

BONUS EPISODE: How to prepare for a happy retirement - PensionBee Roadshow Manchester
25-08-2024
BONUS EPISODE: How to prepare for a happy retirement - PensionBee Roadshow Manchester
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   In this bonus episode of The Pension Confident Podcast, we’re sharing the best bits from one of our live events - the PensionBee Roadshow. In our Manchester edition, our expert guests shared tips for how you can start preparing for a happy retirement. Tune in to hear from: Financial Journalist and Founder of Much More With Less, Faith Archer;Financial Expert,  Author and Host of The Conversation of Money, Peter Komolafe;Personal Finance Expert and Founder of Pennies to Pounds, Kia Commodore;Personal Finance Expert and Founder of Mr MoneyJar, Timi Merriman-Johnson; andCMO at PensionBee, Jasper Martens.   Episode breakdown: 00:50 Visualising your retirement savings 01:26 Workplace pensions and Auto-Enrolment 02:42 How to stick to your savings goals 03:40 Three ways to boost your pension savings 04:44 Balancing rising costs and saving for your future 05:41 Learning about investments and pensions 06:59 Understanding where your pension is invested 08:02 Pension Wise 08:24 What is pension drawdown? 09:15 Leaving your pension to loved ones   Further reading, watching and listening: How to plan for a happy retirement (YouTube) How to set a good retirement goal (YouTube) What happens at a Pension Wise appointment? (YouTube) Different ways to access your pension pot (YouTube) E18 of The Pension Confident Podcast: How to not run out of money in retirement (Podcast) E11 of The Pension Confident Podcast: How to prepare for a happy retirement (Podcast) E5 of The Pension Confident Podcast: What can we do to cope with the cost of living crisis? (Podcast) How much income do you need in retirement? How much money do you need to retire in the UK? Preparing for retirement checklist What income would a £100,000 pension pot give you? What is Auto-Enrolment? What makes a happy retirement? Pension decumulation Retirement planning in your 20s  Retirement planning in your 30s  Retirement planning in your 40s  Retirement planning in your 50s  Pension rules after death Pension beneficiaries   Other useful resources: Pension Drawdown Calculator (PensionBee) Pension Calculator (PensionBee) Pension Wise (MoneyHelper) Pension Quality Mark - PQM (Pensions and Lifetime Savings Association) Retirement Living Standards (Pensions and Lifetime Savings Association)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.
E30: Can money buy happiness? With Ken Okoroafor, Kim Stephenson and Emily Tribe
28-07-2024
E30: Can money buy happiness? With Ken Okoroafor, Kim Stephenson and Emily Tribe
Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   For many people diligently building their nest egg, the question of money’s link to happiness is a natural one. After all, financial security can reduce a significant source of stress. But can simply having more money guarantee a life filled with joy?   This month on The Pension Confident Podcast we’re talking about the age-old question: can money buy happiness? Join our host, Philippa Lamb, and our expert panel as they discuss the relationship between money and happiness. Author and Co-Founder of The Humble Penny and The Financial Joy Academy, Ken Okoroafor; Occupational Psychologist and chartered member of the British Psychological Society, Kim Stephenson; and PensionBee’s Head of Culture, Inclusion and Wellbeing, Emily Tribe.   Episode Breakdown: 01:23 At different ages, different things matter 04:10 Does money equal happiness? 06:30 The source of money changes the equation 10:10 Understanding your appetite for risk 13:57 Maslow’s hierarchy of needs 16:20 Avoiding lifestyle creep and finding joy 19:10 The marshmallow test 23:13 How can you boost your happiness   Further reading: To learn more about where you could put your savings, check out these articles and podcasts from PensionBee: Episode 30 transcript 4 reasons why sorting your pension is important for your health Can money buy happiness? E11: How to prepare for a happy retirementE18: How to not run out of money in retirementE25: How to earn more money How much money do you need to retire in the UK? Is it time to find your new career? Making happiness a habit Preparing for retirement checklist Work doesn’t have to end at retirement - the over-60s make happy entrepreneurs   Other useful resources: 10 Ways Life Is a Marshmallow Test (Psychology Today) Being richer than your peers can make you happier (Financial Accountant) Does money buy happiness, according to science? (Clearer Thinking)Financial Joy by Ken & Mary Okoroafor (Book)Maslow’s Hierarchy Of Needs (Simply Psychology)Pension Calculator (PensionBee)Seligman’s PERMA+ Model Explained: A Theory of Wellbeing (Positive Psychology) What Is Loss Aversion? (Psychology Today)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads. Follow Humble Penny (@TheHumblePenny) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X. Follow Kim Stephenson (@kimpstephenson) on LinkedIn and X.
BONUS EPISODE: Personal finance tips for parents part one
17-07-2024
BONUS EPISODE: Personal finance tips for parents part one
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   In this bonus episode of The Pension Confident Podcast, we have tips for new parents: from the benefits you could be eligible for, to the impact parenthood could have on your pension. Tune in to hear the best bits from episodes three and 19, as our host, Philippa Lamb and our expert panels discuss nesting, building emergency funds as a new parent and more. We hear from: CEO of Mumsnet, Justine Roberts CBE;Founder of Vestpod, Emilie Bellet;Money Advice Editor at The Telegraph, Sam Brodbeck;Senior Digital Editor at Money Week, Kalpana Fitzpatrick;PensionBee’s CTO, Jonathan Lister Parsons; andPensionBee’s CEO, Romi Savova.   Episode Breakdown: 00:37 The reality of Shared Parental Leave 02:22 Statutory rights for adoption 03:13 How to budget for a new baby 04:44 Anticipating early costs and childcare expenses 06:23 Exploring Tax-Free Childcare Allowance and Child Benefit 08:05 Parenthood and the Gender Pension Gap 09:31 Starting a conversation, before starting a family   Further reading and listening: To learn more about personal finance tips for new parents, check out these articles and podcasts from PensionBee: Episode transcriptE19: Can you afford to have kids? With Justine Roberts CBE, Kalpana Fitzpatrick and Jonathan Lister ParsonsE3: How do we tackle the gender pension gap? With Sam Brodbeck, Emilie Bellet and Romi Savova Pensionbee’s research on fair sharing of childcarePensionBee Parental Leave Policy What I learned about mothers and their pensions from answering Mumsnet questions Why parents need to make a Child Benefit claim to protect their State Pension   Other useful resources: MumsnetStatutory Maternity Pay and Leave (Gov.uk)Statutory Paternity Pay and Leave (Gov.uk)Statutory Adoption Pay and Leave (Gov.uk)Disability Living Allowance for children (Gov.uk)Tax-Free Childcare (Gov.uk)Child Benefit (Gov.uk) Boosting paternity leave has economic benefits (Pregnant Then Screwed) Average childcare costs (MoneyHelper) Transparency on parental pay (ABI)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Mumsnet (@Mumsnet) on X, Instagram, Facebook, TikTok and LinkedIn. Follow Vestpod (@VestPod) on X, Instagram, TikTok, Facebook and LinkedIn. Follow Kalpana (@KalpanaFitzpatrick) on X, LinkedIn, Instagram and TikTok. Follow Sam (@sambrodbeck) on X and LinkedIn.
E29: Pensions vs. cash - which is best? With Holly Mackay and Martin Parzonka
30-06-2024
E29: Pensions vs. cash - which is best? With Holly Mackay and Martin Parzonka
Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   Since the start of 2022, the Bank of England has raised the base interest rate 13 times. So it’s no surprise that savers are reconsidering where to put their money. Cash savings are easily accessible but may lose value due to inflation. Meanwhile, pensions offer potential long-term growth but lock away funds until retirement. This month on The Pension Confident Podcast we’re talking about the pros and cons of pensions and cash - how can you make the most of both? Join our host, Philippa Lamb, and our expert panel as they discuss building an emergency fund, making the most of your cash savings and saving for retirement. Founder and CEO of Boring Money, Holly Mackay; andPensionBee’s VP Product, Martin Parzonka.   Episode Breakdown: 01:36 How does inflation eat away at our money? 02:52 Shopping around for the best rate 07:44 Building an emergency fund 10:51 State benefits that are impacted by savings 11:57 What are the rules on cash savings? 16:39 Small steps to save for your future 18:26 Are pensions ‘hot’? 22:36 The case for personal pension saving   Further reading: To learn more about where you could put your savings, check out these articles and podcasts from PensionBee: Episode 29 transcript 5 lessons my cashflow catastrophe taught me 5 ways to protect your pension income against inflation How to diversify your pension investments Pension pot or cash savings - which is best? Should I pay my bonus into my pension? What income would a £100,000 pension pot give you? Will taking my pension affect my benefits? Your guide to Lifetime ISAs (LISAs) and pensions   Other useful resources: Emergency savings – how much is enough? (MoneyHelper) How does inflation affect pensions? (PensionBee) Should I have a savings account or pension? (MoneySuperMarket) What to do when interest rates rise (PensionBee) With cash earning 5%, why risk money on the stock market? (Schroders)Women’s lack of confidence widens gender investment gap (Financial Times)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Boring Money (@boringmoney) on X, Instagram, TikTok, Facebook and LinkedIn.
E28: The Bank of Mum and Dad - what’s the impact on your pension? With Mark Bogard, Timi Merriman-Johnson and Becky O’Connor
31-05-2024
E28: The Bank of Mum and Dad - what’s the impact on your pension? With Mark Bogard, Timi Merriman-Johnson and Becky O’Connor
Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   For many young people, the only way to afford university or to get a foot on the property ladder is with financial support from family members. According to a report by The Institute for Fiscal Studies (IFS), almost a third of young people receive at least one transfer during their 20s and early 30s - most commonly from a parent.   This month on The Pension Confident Podcast we’re discussing the hot topic of ‘the Bank of Mum and Dad’. Join our host, Philippa Lamb, and our expert panel as they discuss how to talk about money with family, setting healthy boundaries, and strategies for safeguarding your financial future. CEO of The Family Building Society; Mark Bogard;Personal Finance Expert and Founder of Mr MoneyJar; Timi Merriman-Johnson; andPensionBee’s Director (VP) Public Affairs; Becky O’Connor.   Episode Breakdown: 01:46 The Bank of Mum and Dad in practice. 05:10 Planning for predictable financial support. 08:13 Helping financially while your child’s studying. 10:43 Funding your child’s big adult milestones. 14:14 Implications of dipping into your savings. 17:31 Ongoing bankrolling and protecting your financial security. 20:35 Treating children equally or equitably? 22:55 Making sure you’re on the same page. 24:51 A living versus willed inheritance.   Further reading: To learn more about financial relationships with family, check out these articles and podcasts from PensionBee: Episode 28 transcript 5 tips for parents paying for university 7 of the best ways of giving money to grandchildrenE8: How to teach kids about money - with Laura Miller, Will Carmichael and Emma MaslinHow the Bank of Mum and Dad can boost an adult child’s pension by over £300,000 How to teach kids about money Inheritance Tax guide Pension decumulation aka planning how to spend my pension savings Should I teach my children about money? Writing a will Your guide to Lifetime ISAs (LISAs) and pensions   Other useful resources: Boomerang Children: Meaning, Impact, Around the World (Investopedia)How important is the Bank of Mum and Dad? (The Institute for Fiscal Studies)How Inheritance Tax works (Gov.uk) How to run the Bank of Mum and Dad…The Definitive Guide (Family Building Society) Joint Borrower Sole Proprietor mortgages (Family Building Society) More adults living with their parents (Office for National Statistics)Retirement Living Standards (Pensions and Lifetime Savings Association) The bank of Grandma and Grandad (SAGA)The Carer’s Pension Gap (PensionBee) Who gives wealth transfers to whom and when? Patterns in the giving and receiving of lifetime gifts and loans (The Institute for Fiscal Studies)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow the Family Building Society (@FamilyBSoc) on X, Facebook and LinkedIn. Follow Timi (@mrmoneyjar) on X, Instagram, TikTok, Facebook and LinkedIn.
BONUS EPISODE: How to manage your money and mental health
15-05-2024
BONUS EPISODE: How to manage your money and mental health
Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   It’s Mental Health Awareness Week so in this bonus episode of The Pension Confident Podcast, we’re revisiting a really important topic - how to manage your money and your mental health. Tune in to hear the best bits from episode nine and hear from Philippa Lamb and our expert panel as they discuss how to talk about money, mental health and more. We hear from: Chief Communications Officer at the Financial Services Compensation Scheme (FSCS); Lila Pleban,Founder and Managing Director of Psychreg; Dennis Relojo-Howell, andPensionBee’s COO and Mental Health First Aider; Tess Nicholson.    Episode Breakdown:  01:10 Personal experiences from the guests 04:12 Financial support from the FSCS 05:20 Early warnings signs of money and mental health struggles 06:45 How are money and mental health linked? 07:44 Money worries in retirement 09:26 How to manage money worries 10:25 Where to turn for financial support 11:39 Tips for keeping on top of your finances 12:32 Tips for managing your mental health 13:20 How to talk about money worries.   *If you’re struggling right now and need to talk to someone, call SAMARITANS on 116 123 - they are open 24 hours a day, 365 days a year. You can also text the word ‘SHOUT’ to 85258 and speak to a volunteer, anonymously.  If you’re concerned for the immediate safety of yourself or someone else, then always call 999. For non-emergencies, call 111, or speak to your GP who can refer you to your local NHS Mental Health Trust. Further reading: To learn more about money and mental health, check out these articles and podcasts from PensionBee: Six ways to manage your money and your mental healthWhat is the impact of debt on mental health? Introducing our Mental Health First Aiders Recovering mental health and recovering finances Mental health in retirementE9: How to reduce the risk of money worries affecting your mental health (transcript)E9: How to reduce the risk of money worries affecting your mental health (episode) How PensionBee is supporting our vulnerable customers   Other useful resources: The Money and Pensions Service (MAPS)Citizens Advice ServiceMoney Saving Expert National DebtlineMoney and Mental Health Policy InstituteShelterMindTurn2usMental health articles (Royal College of Psychiatrists)Royal College of Psychiatrists   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow the Financial Services Compensation Scheme (@FSCS) on Facebook, X, Instagram and LinkedIn. Follow Dennis Relojo-Howell (@Psychreg) on X, Instagram, Facebook, LinkedIn and YouTube.
E27: The cost of friendship with Dr. Tara Quinn-Cirillo, Niaz Azad and Brooke Day
28-04-2024
E27: The cost of friendship with Dr. Tara Quinn-Cirillo, Niaz Azad and Brooke Day
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   We all know friendship is priceless, but navigating social circles where some people are a lot better off than others may be a minefield. According to Intuit, Gen Z would rather discuss sex, politics and infertility struggles than their salaries, debt, and bad investments.   So how can you maintain strong friendships while  navigating different bank balances and spending habits? This month on The Pension Confident Podcast we’re looking at the costs associated with friendship. Join our host, Philippa Lamb, and our expert panel as they discuss how to talk about money with friends, overcoming envy and more. This month we hear from: Psychologist and Associate Fellow of The British Psychological Society, Dr. Tara Quinn-Cirillo;Co-Founder of Millennial Money UK, Niaz Azad; andHead of Brand and Communications at PensionBee, Brooke Day.   Episode Breakdown:  01:29 How to discuss money fairly 06:10 Navigating a financial divide 11:20 How friendship expenses can snowball 16:28 Overcoming envy 18:58 As you and your friends get older 22:31 When life throws you curveballs 25:38 Lending money to friends 27:57 Knowing when to let go.   Further reading: To learn more about the cost of friendship, check out these articles from PensionBee: Episode 27 transcriptThe cost of friendship Bonus episode: Relationships and money How to talk about money Six ways to manage your money and your mental health Six ways to start talking about moneyWhat is the impact of debt on mental health?   Other useful resources: How to keep money from tearing your friendships apart (Vox) Is the wealth gap ruining friendships? (Guardian)The transfer of wealth from boomers to ‘zennials’ will reshape the global economy (Financial Times) A third of people are owed money by friends and family (Starling) Nearly 50% of millennials overspend to keep up with friends (Credit Karma) Why the “f*ck it” mentality is harming friendships (Refinery29)Splitwise     Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Millennial Money UK (@MillMoneyUK) on X, Instagram, Facebook and LinkedIn. Follow Dr. Tara Quinn-Cirillo (@CirilloDr) on X, Instagram, Facebook and LinkedIn.
E26: Are you ready for your 100-year life? With Andrew J. Scott, Jennifer Howze and Becky O’Connor
29-03-2024
E26: Are you ready for your 100-year life? With Andrew J. Scott, Jennifer Howze and Becky O’Connor
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com. You might be surprised to learn that living to 100 years of age is no longer a rare feat. The Office for National Statistics (ONS) revealed that almost one-in-seven boys and one-in-five girls born today are expected to reach this milestone in the UK. The trend is clear: with advancements in technology and healthcare, a centenarian life is becoming the norm. But what does this mean for our everyday lives, especially in terms of work, planning, and even our mindset? This month on The Pension Confident Podcast we’re discussing the increasing likelihood of the 100-year life. Join our host, Philippa Lamb, and our expert panel as they discuss both the emotional and financial realities of longer living. This month we hear from: Economist and best-selling Co-Author of ‘The 100-Year Life’, Andrew J. Scott;Editorial Director at Noon, Jennifer Howze; andDirector (VP) Public Affairs at PensionBee, Becky O’Connor.   Episode Breakdown:  02:20 Rising life expectancy 04:31 Adapting to a multi-stage life 06:03 The emerging adulthood trend 07:59 Saving for retirement 10:01 Portfolio careers in midlife 13:46 Multi-generational households 15:03 How long will people be working for? 18:05 Budgeting your time and money 19:10 State Pension versus Retirement Living Standards 23:29 Investing in your human capital   Further reading: To learn more about the 100-year life, check out these articles from PensionBee: Episode 26 transcript Are you ready for your 100-year life? Can you live off of the State Pension? How much money is enough to save in your pension for your future retirement? How you could build a million pound pension Is it too late to start a pension? 6 reasons why you should delay taking your pension   Other useful resources: British workers increasingly likely to work into their 70s, research suggests (The Guardian) One in six over-55s have no pension savings yet (Unbiased)Queenagers: research portrait of midlife women (Noon)The 100-Year Life – Living and Working in an Age of Longevity     Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Andrew J. Scott (@ProfAndrewScott) on X and LinkedIn.  Follow Jennifer Howze (@jhowze) on X and LinkedIn.
E25: How to earn more money with Natalie Campbell MBE, Lynn Anderson Clark and Priyal Kanabar
25-02-2024
E25: How to earn more money with Natalie Campbell MBE, Lynn Anderson Clark and Priyal Kanabar
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.     While many organisations may talk about equality, research tells us that women are far less likely to secure a pay rise than men - even when they ask for one! Nearly one in every three men who ask for more pay get it, but only one in every five women are successful. This month on The Pension Confident Podcast, inspired by International Women’s Day, we’re discussing how to earn more money. Join our host, Philippa Lamb, and our expert panel as they discuss how to bridge the gap between your potential and your pay cheque. This month we hear from: Social Entrepreneur and Broadcaster, Natalie Campbell MBE;CEO and Co-Founder of The Know, Lynn Anderson Clark; andSenior Customer Experience Researcher at PensionBee, Priyal Kanabar.     Episode Breakdown:  01:52 Pay gaps in the workplace 04:27 Early stage careers 07:52 The mentorship relationship 11:10 Job application behaviour 13:17 Job interview tips 16:12 Negotiating for higher pay 18:55 Benchmarking your salary 24:10 Later life careers     Further reading: To learn more about navigating pay negotiations and improving your financial prospects, check out these articles from PensionBee: Episode 25 transcript How can we improve financial health amongst women? Can financial education platforms help close the gender financial literacy gap? How women can boost their pension savings Six ways to start talking about money How to check your State Pension forecast 10 money making ideas for stay-at-home mums How to catch up on pension payments   Other useful resources: Find and compare gender pay gap data (GOV.UK)Explore salaries at the world’s most innovative companies (Otta)The Carer’s Pension Gap (PensionBee)Queenagers: research portrait of midlife women (Noon)     Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Natalie Campbell (@NatDCampbell) on X, Instagram, TikTok and LinkedIn.  Follow The Know (@theknowmedia) on X, Instagram, TikTok, Facebook and LinkedIn.
BONUS EPISODE: Relationships and money
14-02-2024
BONUS EPISODE: Relationships and money
Enjoying our award-winning podcast? Then don’t forget to rate and give us a review! As always we’d love to hear your suggestions and feedback. podcast@pensionbee.com    On this special bonus episode of The Pension Confident Podcast, we look at different relationships and the impact they can have on your finances. Whether you live with a friend, are married or going through a separation, these tips are for you. From property and prenups to credit scores, find out what they all mean for your current relationship status. In this episode, we hear from: This Girl Talks Money Founder, Ellie Austin-Williams;Director (VP) Public Relations at PensionBee, Becky O’Connor;Barrister, Mediator and Family Arbitrator, and a Spokesperson for free legal assistance charity, Advocate, Paul Infield;Personal Finance Expert and Founder of Mrs MummyPenny, Lynn Beattie;Founder of financial literacy platform All Things Money, Ola Majekodunmi;CMO at PensionBee, Jasper Martens;Financial Times Consumer Editor, Claer Barrett; andHead of Communications at the Financial Services Compensation Scheme (FSCS), Emma Barrow.   Episode Breakdown: 00:58 Moving in with someone who owns a property 03:05 Pensions and divorce 05:29 Prenups and postnups 07:05 Why it’s important to talk about money 07:58 Pension beneficiaries 09:03 Credit scores and relationships. Read the episode transcript.   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.
E24: How to start a business with Emilie Bellet, Jinesh Vohra and Lisa Picardo
28-01-2024
E24: How to start a business with Emilie Bellet, Jinesh Vohra and Lisa Picardo
Enjoying the podcast? Tell us what you think below and give us a rating. As always we’d love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   January is a time when many of us will naturally be thinking about various hopes and intentions for the year ahead. But what if your ambition is to launch your own business?  Starting a side hustle during a cost-of-living crisis isn’t for the faint of heart. After all, in the UK one in five new businesses fold in their first year, and over half of start-ups don’t make it past five years. But that doesn't mean it's impossible. Join our host, Philippa Lamb, and three fearless entrepreneurs as they discuss real-world tactics for bootstrapping your dream business. This month we hear from: Founder and CEO of Vestpod, Emilie Bellet;Founder and CEO of Sprive, Jinesh Vohra; andCCO at PensionBee, but also Founder of childrenswear business Little Circle, Lisa Picardo.   Episode Breakdown:  01:50 The idea and first steps 09:08 Networking with the competition 11:48 Business planning 15:26 The pros and cons of co-founders 18:04 Managing your money effectively 22:04 Sole trader versus limited company 24:54 Common mistakes and expert advice   Further reading: To learn more about starting your own company, check out these articles from PensionBee: Episode 24 transcript The pros and cons of self-employmentWhat you should know about being your own boss Are the self-employed saving enough for retirement? How to manage your money when you’re self-employed Pension contributions from your limited company Six ways to reduce your tax bill as a limited company Sole trader vs limited company: how do the tax savings stack up?   Other useful resources:  Set up a business (GOV.UK)Online graphic design tool for businesses (Canva) Find the best accountant for your small business (Unbiased)Startup School for SeniorsThe Business Model Canvas (Strategyzer)     Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Sprive (@SpriveApp) on X, Instagram, TikTok, Facebook and LinkedIn.  Follow Vestpod (@Vestpod) on X, Instagram, TikTok, Facebook and LinkedIn.
E23: Common financial mistakes and how to avoid them with Lynn Beattie, Ola Majekodunmi and Jasper Martens
13-12-2023
E23: Common financial mistakes and how to avoid them with Lynn Beattie, Ola Majekodunmi and Jasper Martens
We’re thrilled to announce that the series has won two Lovie Awards! We were recognised in both the ‘Best Series’ and ‘Best Branded Podcast or Segment’ categories. A big thank you to everyone who voted for us! If you didn’t get the chance to vote, why not tell us what you think by giving us a review and a rating? As always, you can send your suggestions and feedback to: podcast@pensionbee.com.    With Christmas around the corner it can be easy to go overboard. Before you know it, you may have spent a little too much and live to regret it come January. We’ve all been there, and we all make other financial mistakes. Sometimes they’re small, like lending a friend a tenner, knowing you’re unlikely to see it again. However, sometimes they can have a much bigger impact. It could be that you’ve bought a property that doesn’t fit the bill, or perhaps you’ve let your debts spiral out of control?  Even the money experts make mistakes and to talk us through theirs, and what we can all learn from our financial failures are:  Personal Finance Expert and Founder of Mrs MummyPenny; Lynn Beattie,Founder of financial literacy platform, All Things Money; Ola Majekodunmi, andCMO at PensionBee; Jasper Martens.    Episode Breakdown:  01:41 Team PensionBee’s financial mistakes  02:46 Shopping mistakes 08:44 Black Friday and other ‘sales’ 11:45 Not paying attention to your finances 12:22 Recurring payments and monthly subscriptions 15:18 Switching bank accounts 18:18 Pension apathy 24:24 Property mistakes 26:52 The effect of relationships on financial decisions.   Further reading: To help you avoid making some of the financial mistakes we talk about in this episode, check out these articles from PensionBee: Episode 23 transcriptCommon money mistakes and how to avoid them How to check your pension contributions How to save for retirement when ‘future you’ feels like a stranger Rethinking your pension savings during the cost of living crisis Avoid these pension mistakes in your 40s Six ways to start talking about money Five steps to plotting your personal finance roadmap   Other useful resources:  Camelcamelcamel price trackerIdealo price comparison websiteCurrent account switch guarantee Switching mobile phone provider (Ofcom)     Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident PodcastThe Pension Confident Podcast on YouTube   Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Ola (@allthingsmoney_) on X, Instagram, TikTok, Facebook and LinkedIn. Follow Lynn (@mrsmummypennyuk) on X, Instagram, TikTok, Facebook and LinkedIn.
BONUS EPISODE: Pension tips from the experts
03-12-2023
BONUS EPISODE: Pension tips from the experts
We’re thrilled to announce that the series has won two Lovie Awards! We were recognised in both the ‘Best Series’ and ‘Best Branded Podcast or Segment’ categories. A big thank you to everyone who voted for us!  If you didn’t get the chance to vote, why not tell us what you think by giving us a review and a rating? As always, you can send your suggestions and feedback to: podcast@pensionbee.com    On this special bonus episode of The Pension Confident Podcast, we’ve rounded up some of the best pension tips our guests have shared so far. From choosing the best time to withdraw from your pension to making the most of tax relief, hear important pension topics discussed by experts including:  PensionBee’s CEO; Romi Savova;Financial Times Consumer Editor; Claer Barrett;PensionBee’s Chief Engagement Officer; Clare Reilly;Money to the Masses Founder; Damien Fahy,PensionBee’s Head of Product; Martin Parzonka;Pensions and Lifetime Savings Association Head of Media Relations; Mark Smith;PensionBee’s VP Brand and Communications; Rachael Oku;This Girl Talks Money Founder; Ellie Austin-Williams; andPensionBee’s Director (VP) Public Relations; Becky O’Connor.    Episode Breakdown: 00:42 Getting started with your pension 01:51 Parental leave and pensions 02:52 Pension beneficiaries and tax 03:22 Your pension and the cost of living crisis 03:49 Taking your pension 04:36 Moving your pension pots 05:23 Pensions vs. ISAs.  Read the episode transcript.   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn.
E22: Why is renting so expensive? With Jenny Lamb, David Byers and Becky O’Connor
28-11-2023
E22: Why is renting so expensive? With Jenny Lamb, David Byers and Becky O’Connor
We’re thrilled to announce that the series has won two Lovie Awards! We were recognised in both the ‘Best Series’ and ‘Best Branded Podcast or Segment’ categories. A big thank you to everyone who voted for us!  If you didn’t get the chance to vote, why not tell us what you think by giving us a review and a rating? As always, you can send your suggestions and feedback to: podcast@pensionbee.com    Renting has been a hot topic of debate throughout the cost of living crisis - and with good reason. The cost of privately renting a home has risen every month since November 2021, with the average price now 12% higher than this time last year. In this episode we take a look at the reasons behind this, what your rights are as a tenant or a landlord, and what needs to change to improve the housing market for everybody. Helping us to do so with their expertise are:  Policy Officer for Shelter; Jenny Lamb;Deputy Editor for Property at The Times ; David Byers, andDirector (VP) Public Affairs for PensionBee; Becky O’Connor.   Episode Breakdown*:  02:49 Recent national rental increases 03:35 How much are we spending on rent? 04:18 Housing supply and demand 06:05 Evictions and homelessness* 10:01 The impact on our other finances 11:18 The impact on older renters 13:24 Property as an alternative to a pension 15:54 Your rights as a tenant or landlord 18:36 Where to go if you’re struggling to pay 21:42 The Renters (Reform) Bill 24:50 Affordable housing. * We talk about Section 21 notices in this episode, but wanted to give you a clear explanation of what they are. A Section 21 notice can be used if a landlord wants their tenant to leave a property that they own. A landlord can only serve you this notice if your fixed-term tenancy has come to an end or if you’re in a periodic tenancy, but they don’t need a reason to make you leave. A landlord must give you at least two months’ notice to vacate the property. At the end of that period, if you haven’t left the property, the landlord can start the formal court process to formally evict you. This usually takes a number of weeks and could result in a court order that forces you to leave the property. You can see all the rules around Section 21 notices on gov.uk. If you’ve been served a Section 21 notice, you can see what your rights are on the Citizens Advice website.   Further reading: For more information on the key issues surrounding the home rental market, check out these resources. Episode 22 transcript Why has renting got so expensive?  Renters (Reform) bill (UK Parliament) Emergency grants, loans and money help (Shelter) Discretionary Housing Payments (Gov.uk)Council Tax Reduction (Gov.uk) Benefits calculator (Turn2us) Grants search (Turn2us)Housing issues (Citizens Advice) First-tier tribunal (Gov.uk).   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube Follow @PensionBee on X, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow @sheltercharity on X (@Shelter), Instagram, TikTok, Facebook and LinkedIn. Follow Jenny on LinkedIn. Follow David on X and LinkedIn.