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Pensions, savings and investments

› Pensions, savings and investments

Cash ISAs savings fall 33%

Money saved into cash ISAs fell by £19.5bn during 2016/17 tax year.

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Social care faces annual deficit

Adults underestimate residential care costs by £317 a week.

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Savers likely to increase pension contributions

Working adults would save more if pension contributions increased automatically.

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Government cracks down on pension scams

Fraudsters face fines for coaxing savers to move pensions to fake schemes.

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Workplace savings to fund ‘32% of retirement income’

People in the UK are expecting almost a third of their retirement income to come from workplace savings.

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