Original Broadcast: Share Radio Morning
Now, transferring your pension could be a good idea...that is, if you have a lot of pension pots and want them all in one place. Or perhaps if you'd like more investment choice than your current provider offers. But lately, firms have been using delay tactics to deter savers from switching. Research conducted by pension manager site, PensionBee found that on average, customers faced almost three weeks to transfer their pension. To find out more Georgie Frost was joined by their chief executive Romi Savova.
Guests: Romi Savova
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Once again, it's time for the This is Money podcast. Every week, in partnership with NS&I, Financial Broadcaster of the Year Georgie Frost and Financial Website of the Year This is Money team up to go through all the finance stories you need to know this week. Georgie is joined in the studio by Editor Simon Lambert and Personal Finance Editor Rachel Rickard-Strauss. We’re going to be talking about the latest CMA report- could we be seeing a range of new apps to make choosing and switching bank accounts easier? And on top of that, the Bank of England cut in interest rates has caused a number of impacts since last week with some good news for first time house buyers but more worrying for savers, we’ll be looking at the effects on mortgages and pensions. Meanwhile the Bank of England has said it wants to encourage investors to take 'more risk'. So how can you make money in this post-Brexit Britain without gambling your nest egg away? And finally we’ll be tackling the perennial topic of inheritance tax. This is Money is presented by George Frost, in partnership with NS&I.
Guests: Simon Lambert,Rachel Rickard-Straus
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