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Savings

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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Homeowners reluctant to sell to cover care costs

Pensions receive backing to fund social care bills.

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Pensions dashboard could be scrapped

Decision ‘risks letting down millions of savers’.

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8 in 10 people ‘in the dark’ about pension savings

Pensions body recommends introducing retirement income targets.

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1 in 4 people expect to work to age 70

Pension savers are optimistic about how healthy they will be after they retire.

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Cashing-in pension pot could cost savers

Some pensioners could be missing out on 37% extra income.

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Parents urged to take up tax-free childcare

31% parents feel stressed arranging childcare for the holidays.

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