Can you trust the state pension system as more blunders emerge? TiM podcast

Can you trust the AOW system if more blunders crop up? This is the Money podcast


You might imagine that when it comes to state pension, you’re dealing with a more robust system than the ones that give the average customer service nightmare.

Savers could be forgiven for wondering if that was the case after a string of recent blunders.

First we had the scandal about underpaid state pensions for women, now we have the system of supplements to the pensions that is coming apart at the seams, and at the same time it appears that there can be a serious problem with the administration of those who have received Universal Credit .

The common thread running through exposing these issues was Tanya Jefferies, retirement and investing editor of This is Money, and retirement columnist Steve Webb. They have worked tirelessly to help those affected and bring these issues to light.

This week we had double news on state pensions with an acknowledgment of the problems with Universal Credit and the government finally extending the deadline for increasing state pensions through supplements.

In this podcast episode, Tanya talks us through the issues and discusses what they mean to people, with Georgie Frost and Simon Lambert.

The team also tells you why you should put your savings in an Isa, where to find the best one and why transfers are perhaps the most important thing you can do.

And who are the Dividend Heroes, what do they have to do with the Rolling Stones and what can we learn from them about long-term investing?

And finally, rising interest rates have severely hampered the amount of mortgage you can buy with a monthly payment, so could you afford your home now?

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