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The Independent UK
The Independent UK
National
Vicky Shaw

Reforms needed to encourage more people to save, says think tank

PA Archive

A shake-up of incentives to help people save is needed to help more households build resilience against financial shocks, according to a think tank.

The struggle to save is a particular problem for low to middle-income households, with those in the bottom half of the income distribution typically having £3,000 of savings per adult, the Resolution Foundation said.

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