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Evening Standard
Evening Standard
Vicky Shaw

One in 10 adults have no savings safety net, survey indicates

Even modest monthly savings contributions can build into a meaningful safety net, The AA said (Nick Ansell/PA Archive) - (PA Archive)

One in 10 (10%) adults have no savings to fall back on, potentially leaving them exposed to financial shocks, research suggests.

The findings, from a survey commissioned by the AA of its members, also found 50% of those who agreed to disclose their savings position have less than six months’ basic living expenses saved.

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