The new pension credit system begins in October
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BBC Radio 4's Money Box was broadcast on Saturday, 19 July, 2003, at 1204 BST.
Pension credit
Will you be able to claim the new Pension Credit? How will it work?
And will the system be able to cope with all the claims when it is launched in October?
Sally West of Age Concern, and Liberal Democrat MP Steve Webb answered these questions.
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Alba adds to with-profits woes
With-profits policy holders have suffered another blow, on the news that Britannic Assurance is considering the future of Alba Life, in order to protect its own troubled funds.
We spoke to policy holder Sheila Crawley and Richard Craven, from Willis Owen.
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FSA holds annual public meeting
The Financial Services Authority held its annual public meeting on Wednesday in Canary Wharf, London. Paul Lewis was there.
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Rate cuts continue
More mortgage and savings rates have been cut in response to the recent 0.25% reduction announced by the Bank of England.
Penny Haslam reviewed the changes.
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Loan redemption penalties
Paying off a loan early can be expensive with most lenders charging significant redemption penalties for the privilege.
We spoke to Mark Nancarrow, Chief Executive of Egg, about why it chooses not to do this.
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OTHER NEWS
Standard Life
Standard Life customers could get a vote soon on whether the mutual insurer is converted into a public company, after policy holder David Stonebanks collected 2000 signatures.
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Self Assessment
If you pay your tax through self-assessment you must submit your second instalment in by 31 July, or you will start paying interest on the tax you owe.
Producer: Penny Haslam
Presenter: Paul Lewis
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