If you’ve got a pension, chances are big changes are coming - whether you realise it or not.
From a brand new pensions bill to debates over the future of the triple lock, and even changes to salary sacrifice, the UK pensions landscape is shifting fast.
In this episode of Investing Unlocked Extra, Georgie Frost speaks with pensions expert and Times columnist Tom McPhail about what’s changing, what it means for your retirement, and what you should actually be paying attention to.
They also explore the growing tension between government control and individual choice, why trust in the system matters more than ever, and the simple steps people can take to stay on track.
In this episode, we explore:
- What the new pensions bill actually means for savers
- Why the government wants “fewer, bigger, better” pension schemes
- The controversy around the government’s proposed investment powers
- What the triple lock is - and why its future is under threat
- How changes to salary sacrifice could affect higher earners
- Why many people are losing trust in pensions and investing
- What younger generations are really up against financially
- The simple steps you can take now to build a stronger retirement plan
- If you’re unsure what all these changes mean for you - or whether you’re doing enough for retirement - this episode breaks it down in a way that actually makes sense.
Thank you to our sponsor
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Guest
Tom McPhail
Pensions Expert & Times Columnist
X (Twitter): @PensionsMonkey
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Investing Unlocked
Georgie Frost
What is Investing Unlocked?
Investing Unlocked is a smart, straight-talking podcast that decodes the jargon for people who want to make more of their money and understand what really drives investment performance.
Join Georgie Frost, multi-award-winning financial broadcaster, with regular guest Simon Lambert, alongside an impressive lineup of leading financial experts, as they go beyond the latest finance stories to explore the building blocks of investing, the behaviour behind it, the history that shaped it, and the big ideas influencing what happens next.
As investing moves to the centre of financial life in 2026, the show invites in the people traditional finance has left behind.
Investing Unlocked is sponsored by PensionBee.