Savings

1 in 3 people lack financial resilience

Savings needed to ‘reduce financial vulnerability’.

Housing wealth ‘won’t solve the pensions crisis’

Savers with lower pensions tend to have lower housing equity.

Pension scam victims lose £91,000 each

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

Older workers ‘feel unsupported’ by employers

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

Early-30s delay milestones due to financial insecurity

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

Bank of England raises interest rate to 0.75%

Homeowners on variable mortgages could face higher costs.

Auto-enrolment ‘must tackle under-saving’

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

Savings levels fall in 2018

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

Homeowners reluctant to sell to cover care costs

Pensions receive backing to fund social care bills.

Pensions dashboard could be scrapped

Decision ‘risks letting down millions of savers’.

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