Is the generational wealth gap narrower than we thought?

APR 10, 202637 MIN
This is Money Podcast

Is the generational wealth gap narrower than we thought?

APR 10, 202637 MIN

Description

<p>Many younger adults think they are substantially less well-off than their parents.</p><p>But while there are inequalities, new research suggests the wealth gap may be far narrower than previously reported - and it is largely down to the cash those in their twenties and thirties have stashed in their pensions.&nbsp;</p><p>On this week's episode of the This is Money podcast Lee Boyce, Helen Crane and Georgie Frost discuss why official figures got it wrong, and whether property versus pension is a pointless comparison.&nbsp;</p><p>The team also ask what will happen to <a href="https://www.thisismoney.co.uk/money/mortgageshome/article-11885727/When-rates-start-fall-Base-rate-forecasts.html" rel="noopener noreferrer" target="_blank"><strong>interest rates</strong></a> and mortgages due to the fact that - for now at least - a ceasefire in Iran appears to be holding.&nbsp;</p><p>Elsewhere, Lee reports on a ferocious best buy battle at the top of the fixed <a href="https://www.thisismoney.co.uk/money/saving/article-1583864/Best-savings-rates-Isas-Cash-Isa-accounts-fixed-rate-Isas.html" rel="noopener noreferrer" target="_blank"><strong>cash Isa</strong></a> tables, where even the high street banks are getting involved.&nbsp;</p><p>And finally, another Chinese pretender to Amazon's retail throne has entered the UK.&nbsp;</p><p>Is Joybuy any good, how did it fare when our reporter put its delivery service to the test - and do we really need another place to buy bargain toilet rolls online?&nbsp;</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>