Main content

Financial Advice Barriers and Wages

As the new government promises higher minimum wages and improved employment rights - what might that mean?

More than 9 out of 10 people did not pay for financial advice in the past two years and that number is growing. The figures come from surveys by the financial services consultancy The LangCat. It found the proportion of people paying for financial advice fell from 11% of adults to 9% between this year's report and one they did a year ago. We'll hear from them about the reasons behind it.

What will the new government do to change employment rights and wages? We’ll discuss the potential new employment bill ahead of the King's Speech.

And the new security measures people can take to protect themselves from mobile phone fraud. This is when people's phones are stolen not for the value of the physical handsets but so criminals can try to access the financial apps stored on them to steal hundreds or, often, thousands of pounds from victims.

Presenter: Paul Lewis
Reporters: Dan Whitworth and Catherine Lund
Researcher: Jo Krasner
Editor: Jess Quayle

(First broadcast 12pm Saturday 13th July 2024)

Available now

25 minutes

Last on

Sun 14 Jul 2024 21:00

Broadcasts

  • Sat 13 Jul 2024 12:04
  • Sun 14 Jul 2024 21:00

The Death of Retirement

The Death of Retirement

Money Box explores what retirement might look like in the future,

Download this programme

Subscribe to this programme or download individual episodes.

Podcast