Savings

1 in 3 people lack financial resilience

Savings needed to ‘reduce financial vulnerability’.

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Pension scam victims lose £91,000 each

45 to 65-year-olds ‘most at risk’ of pension scams.

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Older workers ‘feel unsupported’ by employers

63% of over-50s to work longer than expected.

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Early-30s delay milestones due to financial insecurity

73% of 30 to 35-year-olds fall short of savings guidelines.

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Bank of England raises interest rate to 0.75%

Homeowners on variable mortgages could face higher costs.

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Auto-enrolment ‘must tackle under-saving’

Government report calls for more to be done to help savers.

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Savings levels fall in 2018

39% of pre-retirees feel they are not saving enough.

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