AIFA and Aegon deliver blueprint for rebuilding UK savings culture

AIFA, in association with insurance giant Aegon, has produced a White Paper which includes an eight-point plan it says would encourage saving if implemented. Additionally, it says its proposals, which include reintroducing savings clubs in schools and removing the £150 tax limit for financial advice for employees, could be implemented "quickly" by the David Cameron-led coalition. "Given the current economic challenges, we believe it is vital the new Government acts decisively to restore a savings culture in the UK," AIFA director general Chris Cummings says. "Individually, and as a...