Video: Tackling The Savings Gap
Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.
Peter Bould, the author of our Tackling The Savings Gap report, explains some of the key points in our Q3 2017 Savings Gap report.
Some of the findings include-
-Data shows that 45 per cent of respondents saved nothing into pension pots in the last quarter
-Almost 90 per cent of UK consumers have lied about their finances to hide the amount of debt they are in from friends and loved ones.
-Setting aside money for the future has been ranked as the most satisfying use for income, ahead of paying off debt, spending on oneself or others and giving to charity.
You can learn more about the Savings Gap and download our latest reports here.