Budget 2018: Savers RUSH to top up pension pots as FEAR over savings CUTS build

CONCERNED savers are racing to top up their pension pots “while they still can” ahead of Chancellor Philip Hammond’s budget next week, according to Zurich. In a move that shows investors are “clearly worried” of a further reduction to the annual allowance, the insurance firm recorded double the average amount of cash being stashed into pensions in September, compared to the annual average. Daily Express :: Finance Feed

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ISA savings: Average saving levels ‘NOT ENOUGH’ to pay for even ONE YEAR of care

THE average savings levels in an Individual Savings Account are not enough to stretch out for even one year of residential care in later life, according to new research. Current savings level are far too modest to even “scratch the surface” of paying for care when you need it most – with the average ISA only covering 39 weeks of residential care in the UK. Daily Express :: Finance Feed

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