Teacher's Pension Delays and Best Savings Rates episode artwork

EPISODE · May 9, 2026 · 24 MIN

Teacher's Pension Delays and Best Savings Rates

from Money Box · host Money Box

The National Union of Headteachers says the government "must step in" to help teachers in England and Wales who have retired but are facing long delays before their pension is paid. The Teachers' Pension Scheme is one of the biggest in the country with two million members. The Department for Education which has overall responsibility for the scheme says it’s working closely with Capita who administrate the pensions to monitor performance and address any emerging issues. Capita has apologised and says it's working closely with the government to ensure cases are progressed correctly and in line with scheme rules.In the last month average two year fixed mortgage rates have jumped from around 4.8% to 5.9% and there are around 1 in 6 fewer mortgages deals available to house buyers and people whose fixed mortgages are running out. How is that affecting the housing market?Mortgage rates going up is bad news but when interest rates rise savers, who far outnumber people with mortgages, many see it as better news. What are the best offers out there?And what does the lifting of the two-child benefit cap mean for families? Presenter: Paul Lewis Reporters: Hannah Mullane and Jo Krasner Researcher: Catherine Lund Editor: Jess Quayle Senior News Editor: Henry Jones(First broadcast on Radio 4 at 12pm on Saturday 11th April 2026)[ 🛡️ FINANCIAL PRIVACY PROTOCOL: ACTIVE ]The mainstream financial system is tracking every click. If you want the raw data feeds and unfiltered intelligence without the digital footprint, use the secure bypass nodes below.👉 SERVER 01: SECURE DATA ACCESS👉 SERVER 02: ENCRYPTED ARCHIVE

The National Union of Headteachers says the government "must step in" to help teachers in England and Wales who have retired but are facing long delays before their pension is paid. The Teachers' Pension Scheme is one of the biggest in the country with two million members. The Department for Education which has overall responsibility for the scheme says it’s working closely with Capita who administrate the pensions to monitor performance and address any emerging issues. Capita has apologised and says it's working closely with the government to ensure cases are progressed correctly and in line with scheme rules.In the last month average two year fixed mortgage rates have jumped from around 4.8% to 5.9% and there are around 1 in 6 fewer mortgages deals available to house buyers and people whose fixed mortgages are running out. How is that affecting the housing market?Mortgage rates going up is bad news but when interest rates rise savers, who far outnumber people with mortgages, many see it as better news. What are the best offers out there?And what does the lifting of the two-child benefit cap mean for families? Presenter: Paul Lewis Reporters: Hannah Mullane and Jo Krasner Researcher: Catherine Lund Editor: Jess Quayle Senior News Editor: Henry Jones(First broadcast on Radio 4 at 12pm on Saturday 11th April 2026)[ 🛡️ FINANCIAL PRIVACY PROTOCOL: ACTIVE ]The mainstream financial system is tracking every click. If you want the raw data feeds and unfiltered intelligence without the digital footprint, use the secure bypass nodes below.👉 SERVER 01: SECURE DATA ACCESS👉 SERVER 02: ENCRYPTED ARCHIVE

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Teacher's Pension Delays and Best Savings Rates

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This episode is 24 minutes long.

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This episode was published on May 9, 2026.

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The National Union of Headteachers says the government "must step in" to help teachers in England and Wales who have retired but are facing long delays before their pension is paid. The Teachers' Pension Scheme is one of the biggest in the country...

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