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Pensions and the Coronation

A week before the King is crowned, do you know what a half crown was and what it would buy? We look at personal finance in the 1950s.

The prospects for many current employees hoping for a comfortable retirement looks "risky at best". That's the warning from the Institute for Fiscal Studies, which has started a major review of pensions together with Financial Fairness Trust, a charity funded by the investment firm Abrdn. We'll speak to the IFS and answer your questions on pensions.

The listener who had to remortgage but was turned down because he had a Ukrainian family living in part of his home.

Are you going to Europe this summer? If so, have you got your GHIC card which can give you cheap or free medical care in some countries? We'll explain how it works.

And next Saturday is the Coronation of Charles III. He and his wife, Camilla will be crowned King and Queen of the United Kingdom and 14 other Commonwealth countries. It is nearly 70 years since the last coronation in June 1953 when Charles's mother was crowned Queen Elizabeth II but what has changed in our personal finance since then? Paul Lewis speaks to Dr. Duncan Needham, Director of the Centre of Financial History at Cambridge University.

Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Sandra Hardial and Jo Krasner
Editor: Justin Bones

(First broadcast, 12noon Saturday 29th April, 2023)

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25 minutes

Last on

Sun 30 Apr 2023 21:00

Broadcasts

  • Sat 29 Apr 2023 12:04
  • Sun 30 Apr 2023 21:00

The Death of Retirement

The Death of Retirement

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