Budget flexibility inspires ten million to save more - study

Some 44% of people aged 18 to 34 agreed they would put more into their workplace or personal pension in the wake of the Chancellor's announcement in March, Legal & General's MoneyMood survey found. Across all age groups, almost a quarter of the 578 adults questioned said they would save more, which equates to about ten million people if this is representative of the whole population. Corporate managing director for marketing and distribution Helen Buchanan said: "The positive response among young pension savers to the pension flexibility introduced in the Budget is a fantastic result....