How To Retire Rich

In this week’s episode:

David Kuo chats with pension expert Tom McPhail from Hargreaves Lansdown about the changing face of personal pensions. They look at the demise of defined benefit schemes, criticisms over defined contribution schemes, and the prospects for the newly proposed defined ambition schemes. Tom also explains the steps we can take to ensure we can retire in comfort.

 

A transcript of this podcast is also available.

David Kuo and Tom McPhail
David Kuo and Tom McPhail

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Comments

The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.

SwaziGold 24 Apr 2012 , 1:43pm

really excellent podcast - thank you Motley Fool!
Tom is clearly an expert on pensions, and it was insightful to hear his views, esp as 36 year old with 30 odd years to go before retirement.
Good to be warned that know I cant trust my Govt or my employer to sort out my pension. Got to do it myself.
Fool on!
Swazi Gold

TMFDragon 25 Apr 2012 , 10:02am

Hi SwaziGold

Tom is very good. It's always a pleasure to him on Money Talk.

I have very low expectations of any government to look after the interest of people. Politicians only care about votes.

Keep putting money away for your retirement and keep an eye on your investments to ensure they are generating the right returns for you.

Regards

David

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About the show

MoneyTalk is a podcast from The Motley Fool (UK). Hosted by David Kuo, it’s a lively roundtable discussion where Fool writers and guests from the world of money thrash out the financial issues of the day.

Join us as we take an irreverent look at anything and everything to do with shares – from how to pick your first share to how to manage your own pension to what mini skirts have to do with Britain's economy (quite a lot, according to David).

From quick tips on how to tidy up a wayward portfolio to in depth discussions with industry experts, MoneyTalk tackles a different topic every week.

The MoneyTalk RSS feed has details of our last 100 shows.

About the presenter

David Kuo is The Motley Fool’s media personality. He can be heard on BBC London’s (94.9FM) Breakfast Show where he arouses listeners every weekday morning with his unique brand of financial news. He is also a regular commentator on national news programmes including CNBC, BBC News, and Sky News.

David stumbled into the world of broadcasting at the turn of the Millennium when he was invited to comment on the stock market crash. He says, “I think I stunned Londoners speechless when I said the good thing about the crash is that shares are now more affordable for people who want to invest in the stock market!”

His attitude to investing has never wavered, as he always sees downturns in the market as a buying opportunity for long-term investors.