Can you trust pensions, social care or anything else?

A row that erupted over the Tory manifesto social care plans led to accusations of a dementia tax and a swift U-turn. Voters had previously been told they would get a cap on costs, but instead they got a floor of £100,000 to which their wealth could be whittled down to. The issue highlighted a problem we have in planning our finances - trust. Do you trust the framework that the Government puts in place on social care, pensions, investing and saving to still be there in years to come? That was reflected in Simon Lambert's column this week, looking at a reader who asked whether they could bank on the tax-free pension lump sum continuing to exist when they needed it in future. Simon, Rachel Rickard Straus and Georgie Frost discuss whether we can trust pensions, social care or anything else in this week's This is Money podcast. Also on the agenda, on the show that tells you everything you need to know about money each week, is whether the UK economy is doing well, badly or indifferently, the bank accounts that pay you the most money and whether the fuss over Vanguard's new investing charges is justified. Oh, and finally, there's a chance to invest in a deep sea treasure hunt. Listen, enjoy (hopefully), leave us a comment or rating and subscribe.

There are no comments yet.

Please log in to write the first comment.