Pensions Minister and Poor Bereavement Service
There are calls for change in the way people are treated by financial firms when a loved one dies.
In an exclusive interview with this programme the Pensions Minister has talked about the government's plans to reform the UK's pension system. Torsten Bell has said that pension schemes should be moving more of members' money out of shares and into infrastructure projects where returns are higher. And he announced a new plan this week to bring millions of small pension pots together into one multibillion pound so-called 'consolidator scheme'. Hear that interview with Paul Lewis in full.
Banks, building societies, utility suppliers and pension providers "must do far better" when it comes to helping people deal with the finances of loved ones who've died. That's what the Chief Executive of Hospice UK, Toby Porter, has told this programme. We'll discuss best practice and what can be done to improve poor service.
And a government savings scheme designed to help people on low incomes is being extended and widened. How does Help to Save work?
Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Catherine Lund and Jo Krasner
Editor: Jess Quayle
(This programme was first broadcast 12pm Saturday 26th April 2025)
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- Sat 26 Apr 2025 12:04BBC Radio 4
- Sun 27 Apr 2025 21:00BBC Radio 4
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Money Box
The latest news from the world of personal finance