On this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss pension drawdown with Tom McPhail, formerly the lead pensions spokesman for the investment platform Hargreaves Lansdown. He also led an external review of the Money and Pensions Service on behalf of the UK government’s Department for Work and Pensions. They tackle what drawdown is and how to avoid getting ripped off.
But first, we have a look ahead to the autumn budget and what changes to pension pots could be on the horizon.

Cambridge Professor Helen Thompson on the Iran War, Energy Markets and Britain’s Risks
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Active vs Passive: How to Help Your Kids Invest
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Why Investors Are Rotating Into Commodities with BlackRock's Evy Hambro
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