TISA unveils plan to bridge savings gap

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The Tax Incentivised Savings Association (TISA) is launching an industry-wide project aimed at transitioning consumers from a "culture of debt to one of savings".

The industry-wide project aims to create proposals for a new savings and investments policy by working with a range of financial service companies, trade bodies and consumer groups. The findings, conclusions and recommendations will be used to work with government, key political parties and regulators in order to shape and influence the creation of policy and regulation. TISA said the project ultimately aims to increase the overall levels of individual savings, address ‘whole of life' savings needs for all consumer segments, and to leverage savings by investing in ways that create ben...

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