Nearly 15m people 'saving nothing' for the future

Although 63% of people do manage to put some money aside, 32% have a total pot of less than £1,000, which according to research author Scottish Widows, is less than the UK average combined mortgage and council tax costs (£1,009). Iain McGowan, head of savings and investments at Scottish Widows, said: "People clearly recognise the importance of saving something towards their future financial well-being, which is encouraging. "The importance of building a safety net for themselves and their families is a priority, with 63% of people reporting that they managed to save some money in the ...