Trade bodies publish their own "Savers Budget"

Called A Budget for Savers, the 28-page document published by the AIFA, AITC, APCIMS, PIMA, ProShare and BSA argues the government is doing little to encourage the 13m people who do not save enough to do so, particularly as the word "saver" has not been heard in the Budget since 2001. Four key principles are laid out by the six trade groups: Making short-term savers long-term savers; Making taxes clear, simple and fair; Enabling pensions and Sandler products; and Developing financial literacy. In particular, the group suggests short-term savers might be encouraged to become...