ARCHIVE: Will You Be Hit By The UK Pensions Crisis?

*This episode was originally published in July 2024 - some facts and figures may have changed*

We can’t talk enough about the pensions crisis. Most people aren’t saving enough for the life they are going to want and something has to be done about it. We cover the big questions: why is there a problem, how much we really need to be saving and will the state pension even exist when you retire?

Tom McPhail is a pensions industry expert. He no longer works for finance consultancy firm Lang Cat.

If you want to watch me talk about my accident: https://www.youtube.com/watch?v=BKvUB0ks2BU 

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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.