Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

Building a £1 million pension pot may be more achievable than you think. But how much money will that £1 million give you in retirement?

Join our host, Philippa Lamb, and our expert panel as they discuss what it takes to build £1 million in your pension from the monthly contributions needed depending on your age, to the role that compound interest and employer contributions can play.

• Financial Expert and Founder of Much More with Less, Faith Archer;

• Founder of Money to the Masses, Damien Fahy; and

• VP Personal Finance at PensionBee, Maike Currie.

Episode Breakdown:

01:06 How many pension millionaires are there?

02:55 Monthly payments needed to grow a £1 million pension

04:50 How can parents help their kids to become a millionaire?

08:20 How much retirement income can you take from a £1 million pension?

09:13 The 4% withdrawal rule

09:54 Is £40,000 per year enough in retirement?

11:03 The State Pension

12:22 Inflation and the impact on savings and pensions

13:42 How can you save £1 million?

14:34 Pension tax relief and employer contributions

19:42 Junior pensions and Inheritance Tax

20:48 Workplace pensions and Auto-Enrolment

22:44 How can self-employed people start a pension?

23:38 £4 on a coffee vs. £4 in your pension

27:36 How much can £5,000, £10,000 and £20,000 grow in 40 years?

28:16 The annual allowance on pension contributions

Further reading, listening and watching:

• Episode 43 transcript (Blog)
• How to build a £1 million pension pot (Blog)
• What is the 4% rule for withdrawals in retirement? (Blog)
• What is the State Pension? (Blog)
• Employer matched contributions (Blog)
• What is a SIPP (Self-Invested Personal Pension)? (Blog)
• Pension contribution limits (Blog)
• Inheritance Tax guide (Blog)
• 7 of the best ways of giving money to grandchildren (Blog)
• What is Auto-Enrolment (Blog)
• Do you know what pension plan you're in? (Blog)
• Are high charges eroding the value of your pension? (Blog)

Other useful resources:

• Pension Calculator (PensionBee)
• Inflation Calculator (PensionBee)
• Pension Tax Relief Calculator (PensionBee)
• A simple strategy to help your child become a millionaire (Money to the Masses)
• Retirement Living Standards (Pensions UK)
• Claim tax relief on your private pension payments (GOV.UK)
• How to make your child a millionaire - for just £51,840 (The Times)
• Compound Interest Calculator (The Calculator Site)
• The Millionaire Next Door (Dr. Thomas J. Stanley)
• Warren Buffett (Forbes)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Faith Archer (@MuchMoreWithLess) on LinkedIn, Facebook and X.

Follow Money to the Masses (@moneytothemasses) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

University has never been more expensive. A 2025 report from the Higher Education Policy Institute found that students need £61,000 to have a minimum socially acceptable standard of living over a three-year degree.

But even the maximum annual Maintenance Loan available to students from the lowest income households would only cover half this. So who's expected to plug the gap: the students or their parents?

Join our host, Philippa Lamb, and our expert panel as they discuss the financial realities new students are facing and how parents can support their children through university.

• Communications Director at Save the Student, Tom Allingham;
• Founder of Pennies to Pounds, Kia Commodore; and
• Engineering Manager at PensionBee, Stewart Twynham.

04:10 What are Tuition and Maintenance Loans?

07:11 How families can navigate university costs

10:54 The impact of household income

15:18 Is university good value for money?

18:15 Price of a pint across the UK

20:28 Can students supplement costs with part-time jobs?

22:00 Should parents pay for their kids to go to university?

23:51 Financial health check for parents

28:04 How can student finance be improved?

To learn more about supporting students at university, check out these articles, podcasts and videos from PensionBee:

• Episode 42 transcript (Blog)
• E41: How can multi-generational living save you money? (Podcast)
• E28: The Bank of Mum and Dad - what's the impact on your pension? (Podcast)
• 5 tips for parents paying for university (Blog)
• Building your family's financial resilience (Video)
• Is it better to pay off your student loan or top up your pension? (Blog)
• Retirement planning in your 50s (Article)
• Should you pay off your child's student loan? (Blog)
• Starting a pension at 50 (Blog)

• Changes to tuition fees: 2025 to 2026 academic year (GOV.UK)
• Mapped: The price of a pint across the UK (The Independent)
• Parents' guide to university 2025 (Save the Student)
• Student finance for undergraduates (GOV.UK)
• Student living costs in the UK 2025 (Save the Student)
• Student Money Survey 2024 Results (Save the Student)
• The impact of undergraduate degrees on lifetime earnings (IFS)
• The UK Pension Landscape (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Save The Student (@SaveTheStudent) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Follow the Pennies To Pounds (@penniestopound) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

For this Pension Awareness Week bonus episode, we're looking at how the pension transfer process works and why it should be improved to give savers more control of their money.

We're spotlighting the need for reform in the pensions industry, specifically with a 'Pension Switch Guarantee' to make pension transfers as simple as switching banks. Only the government has the power to change this, so if you'd like to see a 10-day Pension Switch Guarantee, you can sign the government petition running until 24 January 2026.

Pension switching is a subject close to the heart of PensionBee's Founder and CEO, Romi Savova. Join our host, Philippa Lamb, as we rewind to episode 34 where Romi unpacked 10 years of pension changes.

00:48 What inspired Romi to create PensionBee?

02:00 More jobs means more lost pensions

02:37 Take an interest in your retirement

03:45 It should be simpler to switch pension providers

04:56 Sign the petition for a 'Pension Switch Guarantee'

To learn more about pension transfers and personal finances, check out these articles from PensionBee:

• Episode transcript (Blog)
• Annual benefit statements are destroying the planet (Press)
• Pension transfers: part two - why consumers need a 10-day pension switch guarantee (Report)
• How can I transfer pensions? (Article)
• Over £50 billion in pension savings at risk of being lost in the UK (Press)
• The 10-day Pension Switch Guarantee (Press)
• What is the pension age? (Article)
• What's the Pension Switch Guarantee? (Blog)

• How long should you stay in one job? (BBC)
• Legislate to mandate offer of electronic pension transfers and higher standards (Petition)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Then don't forget to rate and give us a review! As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

We're taking a short break over August, but we'll be back in September with brand new Series Four episodes and bonus content.

We've covered a lot of ground already this year, everything from relationships, to AI and tech, the economy and - clue's in the title - pensions.

If you missed one earlier in the year, don't worry, you can catch up on every single episode so far wherever you get your podcasts:

• E35: The cost of divorce
• E36: Is my pension funding climate change?
• E37: The easiest way to retire with more money
• E38: How to shift careers
• E39: Trump, tariffs and what it all means for your pension
• E40: The ADHD tax - how much is it costing you?
• E41: How can multi-generational living save you money?

So join us as we bust industry jargon, dispel myths and challenge the stereotypes that can make it so hard for us to feel really financially confident.

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast; and
• The Pension Confident Podcast on YouTube.

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

Why are more families choosing to live with two, three, or even four generations under one roof? Rising rent, home prices, and living costs can make sharing a home a smart way to save money.

Maybe that's why multi-generational living is the fastest-growing household type in the UK right now. But not all reasons are financial. For some, it's a cultural norm or a chance to care for young children and elderly relatives.

Join our host, Philippa Lamb, and our expert panel as they discuss the financial impact, cultural motives, and care challenges of multiple generations living under one roof.

• Comedian of the award-winning duo, BAM! Comedy; Sam Bartley;
• Senior Economist at the Resolution Foundation think-tank, Molly Broome; and
• Senior Social Media Manager at PensionBee, Simmy Kaur.

01:55 Rise of the boomerang generation

04:06 Why move back home?

06:52 Grandparents and grandchildren under one roof

08:14 The social stigma of returning

09:02 Transitioning from in-laws to flatmates

10:42 Navigating bills and boundaries

12:19 Springboard or brakes on hitting milestones?

13:51 What age are people buying their first home?

15:38 Childcare subsidised by grandparents

17:15 Savings on eldercare costs

19:25 Findings from Carer's Pension Gap report

20:52 Staying in everyone's good books

22:20 Working from the family home

To learn more about mixing family and finances, check out these articles, podcasts and videos from PensionBee:

• Episode 41 transcript (Blog)
• E4: Should you pay more into your mortgage or pension? (Podcast)
• E19: Can you afford to have kids? (Podcast)
• E22: Why is renting so expensive? (Podcast)
• E28: The Bank of Mum and Dad (Podcast)
• Childcare options (Pensions Explained)
• How to sell inherited property (Blog)
• Inheritance Tax guide (Pensions Explained)
• Is the rising cost of living impacting pension saving? (Blog)
• Why has renting got so expensive? (Blog)
• Estate planning (Video)
• How to financially prepare for starting a family (Video)

• An intergenerational audit for the UK 2024 (Resolution Foundation)
• Average childcare costs (MoneyHelper)
• Housing history and future housing (GOV.UK)
• Loneliness (Age UK)
• Paying for your own care (NHS)
• The Carer's Pension Gap Report (PensionBee)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow BAM! Comedy (@bamcomedyuk) on TikTok, YouTube, Instagram, LinkedIn, Facebook.

Follow the Resolution Foundation (@resolutionfoundation) on TikTok, YouTube, Instagram, LinkedIn, Facebook and X.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

For this special bonus episode, we're looking at how automation can help you manage your personal finances. Standing orders, calendar reminders and apps - they can all save us time and make sure we keep our payments and savings on track. We've gathered six top tips and insights from our guests to help you get your finances in order.

Join our host, Philippa Lamb and our expert guests to hear the best bits from the following episodes:

• E13: How does your financial personality impact your relationship with money? With Timi Merriman-Johnson, Emma Maslin and Brooke Day
• E27: The cost of friendship with Dr. Tara Quinn-Cirillo, Niaz Azad and Brooke Day
• E31: How can I improve my credit score? With John Webb, Clare Seal and Luis Mejia
• E32: How to understand your pension balance with Tim Hogg, Faith Archer and Alex Langley
• E37:The easiest way to retire with more money with Neil Bage, Bola Sol, and Laura Dunn-Sims

00:41 Establishing good financial habits

01:28 Sharing expenses

02:14 Automation and credit scores

04:26 Boosting your credit score

06:00 Stress-free retirement planning

07:22 Financial personalities

To learn more about automation and personal finances, check out these articles and resources from PensionBee:

• Understanding your money personality (Blog)
• What are the best mobile apps to save you money? (Blog)
• Top 10 money apps for your smartphone (Blog)
• How to talk to friends about money (Blog)
• How can I improve my credit score? (Blog)
• How open banking is serving our customers (Blog)
• How does financial planning change over the course of life? (Blog)
• Making pension contributions (Pensions Explained)
• Self-employed pension
• Pension Calculator (Tool)

• The Money Whisperer personality quiz
• Splitwise
• How to check your credit report and file disputes (Experian)
• Why credit scores matter in retirement (Experian)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

ADHA can affect how your brain handles things like planning, focus and organisation, which can make it particularly challenging to stay on top of your finances. Things like paying off debt, saving into a pension, paying a bill on time can feel really overwhelming.

In this episode we explore exactly why money and ADHD can clash, find out what can help, and take a look at how to build systems that could work for you.

Join our host, Philippa Lamb, and our expert panel as they break it all down.

• Dr Tara Quinn, Registered Practitioner Psychologist;
• Krystle McGilvery, Financial Strategist and Behavioural Expert; and
• Emily Tribe, Head of Culture, Inclusion and Wellbeing, PensionBee

Episode Breakdown:

• 01:27 What is ADHD?
• 05:13 Managing money with ADHD
• 06:33 The ADHD tax
• 07:57 Executive dysfunction
• 09:53 Impulsivity
• 13:38 Time blindness
• 18:37 Body doubling
• 20:19 Emotional dysregulation
• 22:06 Support and resources
• 23:45 ADHD and the finance industry

To learn more about ADHD and finances, check out these articles from PensionBee:

• Episode 40 transcript (Blog)
• E15: How can we achieve financial inclusion? (Podcast)
• 8 easy steps to build an effective budget (Blog)
• The effects of debt and how we can break the cycle (Blog)
• How can I improve my credit score? (Blog)
• How PensionBee's supporting vulnerable customers (Blog)
• Savings and investments
• Pension contributions (Pensions Explained)
• Pensions Age (Pensions Explained)

• The ADHD Tax (ADHD Traction)
• "I've lost over £4000 because of the ADHD tax" (BBC)
• Our view of ADHD needs to change – the disorder presents differently in women and girls (The Independent)
• The ADHD Tax study (Monzo)
• Harnessing neurodiversity to create accessible banking (NatWest)
• Neurodiversity at Barclays (Barclays)
• UK challenger bank Neuros to offer money management for neurodiverse users (FinTech Futures)
• ADHD and Money (Think ADHD)
• How to be financially responsible whilst having fun (Female Invest)
• ADHD in adults (NHS)
• ADHD UK
• ADHD Foundation

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast

• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Dr Tara Quinn on Instagram, LinkedIn, Facebook, YouTube and X.

Follow Krystle McGilvery on Instagram and LinkedIn.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

In this special bonus episode of The Pension Confident Podcast, we're discussing how to manage your pension and your personal finances whether you're self-employed, freelance or running your own business. PensionBee's Invisible Worker research - which surveyed 1,000 British gig workers - found more than half of them can't afford to save into a pension. Nearly 30% of them also said they wouldn't know where to start if they did want to set one up.

Join our host, Philippa Lamb as she shares helpful tips from our expert guests from the following episodes:

• E2: How to keep your self-employed pension on track with Emma Jones CBE and Martin Parzonka
• E17: Should you save into a pension or an ISA? With Claer Barrett, Damien Fahy, Peter Komolafe and Becky O'Connor
• E24: How to start a business with Emilie Bellet, Jinesh Vohra and Lisa Picardo

Episode breakdown:

01:11 Saving for the short-term

02:54 Balancing looking after your business and yourself

04:00 Can your business act as a retirement fund?

05:30 Keeping cash aside

06:35 Business owners and cash cushions

07:45 Making pension contributions on a varying income

08:42 Putting money in a pension vs. a cash savings account

09:30 Keeping an eye on the future

Further reading, listening and watching:

To learn more about finances and pensions for the self-employed, check out these articles, podcasts and videos from PensionBee:

• Episode transcript
• More than a million 'invisible' workers can't afford to save for retirement (Article)
• How to start a pension when you're self-employed (Blog)
• How to retire early as a self-employed worker (Blog)
• Saving for the future as a self-employed worker (Blog)
• How to save for the future on an unpredictable income (Blog)
• 7 personal finance tips for self-employment (Blog)
• Sole trader vs limited company: how do the tax savings stack up? (Blog)
• Is there such a thing as the perfect pension for the self-employed? (Blog)
• The rise of older freelancers: overcoming ageism and embracing self-employment (Blog)
• Self-employed? How to, and why you should, DIY your pension (Blog)
• How do we reduce the self-employed pension gap? (Blog)
• What pension can I get if I'm self-employed? (Blog)
• What is a SIPP (Self-Invested Personal Pension)? (Blog)
• Private pensions for the self-employed (Blog)
• Pension contributions from your limited company (Blog)
• What happens to pensions in special circumstances? (Video)
• How to make a limited company pension contribution (Video)
• What PensionBee customers think - Rotimi's story (Video)
• Self-employed pensions (Video)
• PensionBee's self-employed pension (Web page)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

In this special bonus episode of The Pension Confident Podcast, we're diving deeper into the topic of market volatility. Episode 39 explored President Trump's tariffs and the impact on pension balances and in this episode, we're going to be answering some popular questions that came in off the back of that - with some helpful explainers from our expert guests.

Join our host, Philippa Lamb as she shares helpful explainers from our expert guests from the following episodes:

• E32: How to understand your pension balance with Tim Hogg, Faith Archer and Alex Langley
• E29: Pensions vs. cash - which is best? With Holly Mackay and Martin Parzonka
• E34: Unpacking 10 years of pension changes with Damien Fahy, Sam Brodbeck and Romi Savova

01:20 What is a pension balance?

02:36 Why do pension balances go up and down?

03:42 How to deal with anxious feelings during market volatility

04:49 How are pensions invested and what is diversification?

06:13 How can volatile stock markets be an investment opportunity?

07:02 How often should you check your pension balance?

07:56 What's happened after previous market downturns?

Further reading and listening:

To learn more about finances and pensions, check out these articles, podcasts and videos from PensionBee:

• Episode transcript (Blog)
• E39: Trump, tariffs and what it all means for your pension (Podcast)
• Understanding market volatility and how it can impact your pension (Blog)
• Why are financial markets volatile these days? (Blog)
• Pensions and tariffs: what you need to know (Blog)
• How young savers can turn market volatility into an investment opportunity (Blog)
• How to diversify your pension investments (Blog)
• How to understand your pension balance (Blog)
• How does financial planning change over the course of life? (Blog)
• Pension investments (Pensions Explained)
• How are pensions invested? (Pensions Explained)
• What is a pension statement? (Pensions Explained)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Enjoying the podcast? Tell us what you think below and give us a review or rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].

Global stock markets have been on a bit of a rollercoaster lately, thanks to a flurry of announcements from President Trump and his administration around spending cuts and trade tariffs. The uncertainty about what might come next has left investors worldwide feeling uneasy. And when investors get jittery, markets tend to get volatile.

So what does stock market volatility actually mean for you and your savings?

Join our host, Philippa Lamb, and our expert panel as they break it all down.

• Emma Maslin, Financial Coach, Financial Wellness Speaker and Founder of The Money Whisperer;
• Lucy Evans, Personal Finance Reporter, Daily Mail; and
• Clare Reilly, Chief Engagement Officer, PensionBee.

03:26 History of market volatility

07:43 What's happening with Trump and tariffs

11:20 What happens next?

12:18 How might the UK government respond?

13:12 What does this mean for pensions?

15:56 The impact of age and lifestage

17:36 Other investments and emergency funds

22:15 Pension contributions and tax relief

23:16 Where to find guidance

To learn more about stock market volatility, check out these articles, podcasts and videos from PensionBee:

• Episode 39 transcript
• Episode 39 video
• Understanding market volatility and how it can impact your pension (Blog)
• Why are financial markets volatile these days? (Blog)
• Pensions and tariffs: what you need to know (Blog)
• How young savers can turn market volatility into an investment opportunity (Blog)
• How to diversify your pension investments (Blog)
• Company spotlight - how does Meta's performance affect my pension? (Blog)
• Company spotlight - how does Microsoft's performance affect my pension? (Blog)
• Company spotlight - how does Amazon's performance affect my pension? (Blog)
• Company spotlight - how does Apple's performance affect my pension? (Blog)
• Company spotlight - how does NVIDIA's performance affect my pension? (Blog)
• Six ways to put together your emergency fund (Blog)
• How does financial planning change over the course of life? (Blog)
• Pension investments (Pensions Explained)
• Pensions and tax relief (Pensions Explained)
• How are pensions invested? (Pensions Explained)
• What is a Stocks & Shares ISA? (Pensions Explained)

• 2023 United States banking crisis (Wikipedia)
• How geopolitical events impact the stock market (Bankrate)
• Investors hold their nerve as market volatility rises (The Daily Brit)
• Half of investors admit to making impulsive, emotional decisions, and many go on to regret it (CMS Wealth)
• Research on retail Buyers' emotional quotient with focus on transactions on the National Stock Exchange (Sage Journals)
• 66% of Investors Regret Impulsive or Emotional Investing Decisions (Magnify Money)
• Are women better investors than men? (Unbiased)
• Why Women Are Better (Investors) Than Men (Forbes)
• Pension Wise (Money Helper)
• Financial Conduct Authority (FCA)

Catch up on the latest news, read our transcripts or watch on YouTube:

• The Pension Confident Podcast
• The Pension Confident Podcast on YouTube

Follow PensionBee (@PensionBee) on TikTok, YouTube, Instagram, LinkedIn, Facebook, X and Threads.

Follow Emma Maslin (@moneywhisperer_) on Instagram, LinkedIn, Facebook and X.

Follow Lucy Evans (This is money) on LinkedIn and X.