Show Notes
In this bonus episode, we hear from PensionBee customer Sally as she shares her pension story. From decades of putting money into living over saving, and losing her husband suddenly in his 40s, to retirement in her 60s and choosing a pension plan that truly reflects her values. We unpack Sally's pension journey with pensions expert Veronica Morozova from PensionBee, covering: why financially literate people still don't save; how emotional barriers can be a bigger obstacle than lack of information; the tax benefits of saving into a pension; and what values-based investing actually means in practice.
Episode breakdown 00:39 Meet Sally 02:48 'Present bias' and money 06:10 Tax efficiency in retirement 10:11 Values-based investing
Further reading To learn more about the topics discussed in this bonus episode, check out these articles from PensionBee: Climate Plan (Web) What do heatwaves have to do with your pension? (Blog) What is a crystallised pension? (Article) What is flexi-access drawdown? (Article) Why reaching net zero is cheaper than doing nothing and what it could mean for your pension (Blog)
Other useful resources Pension Calculator (PensionBee) Retirement Living Standards (Pensions UK) Taking money from your pension just got simpler with Automatic withdrawals (PensionBee) The new State Pension (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 (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.
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: [email protected].
More from The Pension Confident Podcast
In this bonus episode, we hear from PensionBee customer Jonathan as he shares his pension story. From the trusty spreadsheet he started with his wife 24 years ago, to now being on track to be mortgage-free in two years - before they hit age 50. We unpack Jonathan's financial journey with pensions expert Dan Stean from PensionBee, covering: what overpaying a mortgage means and why you should check for Early Repayment Charges (ERCs) first; how to weigh mortgage overpayments against pension contributions and how calculators can help; and why planning your finances together as a couple can help, married or not.
If you had some spare cash each month, where would you spend it? Overpaying your mortgage or giving your pension savings a boost? Join our host, Philippa Lamb, and Maike Currie, VP Personal Finance at PensionBee, as they discuss the benefits and considerations of making extra payments on your mortgage vs. topping up your pension pot.
Do you know what your money is invested in? And do you feel confident you're making the right choices? Some of us are investing in the 'default' plan, whether that's through a Stocks and Shares ISA or a workplace pension. Others are dabbling in crypto or gold. And many of us aren't even investing at all, preferring the safety of keeping cash tucked away in a savings account. Join our host, Philippa Lamb, and our expert panel as they discuss investing fundamentals: Content Creator 'That Money Guy', Gabriel Nussbaum; Founder and CEO of rainchq, Davinia Tomlinson; and Senior Investment Content Manager at PensionBee, Matt Batsman.
In this bonus episode, we hear from PensionBee customer Joumana as she shares her pension story. From moving to the UK from Lebanon 13 years ago with no idea a personal pension was even an option, to buying back missing National Insurance years and picking an investment plan that matches her appetite for risk as a freelancer. We unpack Joumana's pension journey with pensions expert Dani Skerrett from PensionBee, covering: why the self-employed pension gap exists, and how flexible contributions can help; how to check and fill gaps in your National Insurance record; how your pension is protected by the FSCS; and the Retirement Living Standards, and what they mean for your own retirement goal.
With the kids back at school, is now the time to start saving or investing for their future? Join our host, Philippa Lamb, and Maike Currie, VP Personal Finance at PensionBee, as they break down the key differences between a Junior ISA and a Junior SIPP, how each is taxed, and which one might be right for your family.