{"podcast":{"title":"Big Boss Interview","slug":"big-boss-interview-316999","podcast_index_feed_id":316999,"rss_url":"https://podcasts.files.bbci.co.uk/p016tl04.rss","website_url":"http://www.bbc.co.uk/programmes/p016tl04","image_url":"http://ichef.bbci.co.uk/images/ic/3000x3000/p0m4j7fr.jpg","author":"BBC","episode_count":266,"summary":"Big Boss Interview is where the most high-profile chief executives and entrepreneurs come to give you their insights and experiences of running the world's biggest and well-known businesses. The series is presented by Sean Farrington, Felicity Hannah and Will Bain, who you'd normally hear presenting the business news on BBC Radio 4's Today programme as well as BBC 5 Live's Wake Up To Money. Each week they'll be finding out just what it takes to run a huge organisation and what the day to day challenges and opportunities are. You can get in contact with the team by emailing bigboss@bbc.co.uk","last_synced_at":"2026-07-16T10:20:46.494996+00:00","page_url":"https://stenobird.com/podcast/big-boss-interview-316999"},"episode":{"title":"#37 Standard Life CEO: British Aren't Sufficiently Financially Literate","slug":"37-standard-life-ceo-british-aren-t-sufficiently-financially-literate","published_at":"2026-05-07T23:01:00+00:00","page_url":"https://stenobird.com/podcast/big-boss-interview-316999/37-standard-life-ceo-british-aren-t-sufficiently-financially-literate","show_page_url":"https://stenobird.com/podcast/big-boss-interview-316999","url":"http://www.bbc.co.uk/programmes/p0njxyts","audio_url":"http://open.live.bbc.co.uk/mediaselector/6/redir/version/2.0/mediaset/audio-nondrm-download-rss-low/proto/http/vpid/p0nk22cb.mp3","summary":"Andy Briggs, chief executive of Standard Life, joins the Big Boss Interview to discuss the war in Iran, pension reform,and the growing risk that millions of people are not putting enough aside for later life. Briggs says pension savers should not panic about the conflict in the Middle East, arguing that most economists expect short-term volatility rather than lasting structural damage to investments. Standard Life, which looks after 12 million customers and manages more than £300 billion in assets, believes pensions should be viewed over decades. Workplace retirement saving continued through COVID, the Ukraine inflation shock and the Liz Truss mini-budget fallout, because contributions are taken from gross pay before workers see their wages. Briggs addresses concerns about a potential AI bubble, noting that much of the funding flowing into artificial intelligence is now debt-based, which could create risks if companies fail to generate sufficient cash to service that debt. The new Pension Schemes Act — the biggest overhaul of the sector in more than a decade — has his broad support, particularly the push for greater scale and investment in productive assets such as infrastructure and growth equity. UK pension savers have generated real returns of around 4% per annum over the past decade, compared with 5.2% in Canada and 5.5% in Australia. The biggest difference, he says, is exposure to private assets. He draws a clear line at mandation, however, arguing that investment decisions should remain a matter of customer choice rather than government compulsion. Briggs is emphatic that pensions policy needs long-term, cross-party consensus rather than budget-cycle speculation. He points to the damage caused by rumours ahead of Rachel Reeves's budget, when thousands of customer…","meta_description":"Andy Briggs, chief executive of Standard Life, joins the Big Boss Interview to discuss the war in Iran, pension reform,and the growing risk that millions…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2248,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/big-boss-interview-316999/episodes/37-standard-life-ceo-british-aren-t-sufficiently-financially-literate/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/big-boss-interview-316999/37-standard-life-ceo-british-aren-t-sufficiently-financially-literate.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}