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Money Box

BBC Radio 4www.bbc.co.uk

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

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Episodes

Carers' Pensions and Face-to-Face Banking

Newly released research seen exclusively by this programme suggests a quarter of the UK's nearly 6 million carers have paused or stopped paying into their pension because of the financial pressures of caring for a loved one. Most often, that loved one has complex needs and the costs of caring for them can be high. In the same research, from Carers UK, three quarters of carers said they're worried about their financial futures. An independent review is to take place into how the closure of bank b...

Jun 20, 202625 min

Money Box Live: Invest or Save?

If you’re fortunate enough to have set some money aside for a rainy day the Government wants you to invest more rather than keep it all in cash savings accounts. The Treasury, has appointed the Investment Association, alongside 19 financial services firms, to lead an industry initiative to persuade people with savings to move at least some of that money into shares. As a nation, we invest much less than in other similar countries, but why? What puts you off and what would you need to take the pl...

Jun 17, 202628 min

Lack of Wills and "Savvy Squirrel"

Millions of adults across the UK, have not told their families what they want to happen to their money and property when they die. STEP, the Society for Trust and Estate Planners, reported this week on a survey which found 8 out of 10 adults had kept their loved ones in ignorance of their wishes. A third of them did not even have a will, leaving its distribution to complex legal rules rather than what the family itself might want. What should people do to avoid this? It is nearly forty years sin...

Jun 13, 202625 min

How to Live Long and Prosper

We may be living longer, but are our finances in the best of health? On today’s Money Box Live we take a stroll through the decades and examine the kind of financial challenges that living longer might throw at us. A growing number of people in the UK are reaching 100 – Sir David Attenborough among them - and there are now more than 600,000 people in their nineties, but are we sufficiently prepared for the true costs of sustaining a healthy income into later life. Felicity Hannah is joined by tw...

Jun 10, 202628 min
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