Savers should ditch and switch if they are not satisfied with rates – Which?
The consumer group said become even more important to get better returns on savings accounts amid the living costs squeeze.
Source: aol.co.uk
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Savers 'may be underestimating rates they receive from high street banks'
Hargreaves Lansdown compared easy access branch rates being offered by high street banks with what savers estimated they were receiving.
Source: aol.co.uk
Savers 'withdrawing £118 per month on average to make it through to payday'
People aged in their 20s and 30s who are taking money out of savings withdraw £123 each month typically, according to Tesco Bank.
Source: aol.co.uk
Savers need stronger support to navigate pensions minefield, say MPs
A target should be set for people accessing the free service Pension Wise or taking paid-for advice, the Work and Pensions Committee said.
Source: aol.co.uk
Savers 'raided Lifetime Isa savings to fill gaps in their finances'
Lifetime Isa withdrawal charges in 2020/21 were more than three times the total recorded the previous year, Hargreaves Lansdown said.
Source: aol.co.uk