Savings

Most retirees do not shop around for pension products

A third of drawdown sales since 2015 were non-advised.

Retirement savers struggle to clear debts

38% do not clear credit card balances every month.

Savings rates cut on Growth and Income Bonds

Interest on popular NS&I bonds cut for new customers.

Most people only use one ISA product

34% of adults have used an ISA in the past year.

Home ownership falls for middle-income young adults

Rate falls 38% in the last 20 years.

Cash ISA rates begin to rise

Rates rise by 0.10% on average in last 3 months.

Property proves most popular retirement saving option

Workplace pensions seen as the safest option for retirement saving.

Self-employed workers ‘failing to prepare financially’

Lack of business savings puts sole traders at risk.

'Ditch luxuries to boost pension pot'

Savers urged to review spending habits.

Carers snub state pension boost

Lack of publicity believed to be behind woeful take-up.

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