Quarter of workers willing but unable to save - research

Carmen Reichman

More than a quarter of workers are keen to save but say they are financially unable to put money away on a regular basis, research has suggested.

A recent survey found two-thirds of workers have made no future financial plans, while 81% say they face financial challenges. The findings contributed to a worrying trend of a "long term savings gap which threatens to become a financial time bomb", technology provider Equiniti said. Polling about 1,200 employees earlier this year, the firm found 63% of the working population had made no financial provision for their future, with about a third making regular savings and 5% regularly investing. The findings appear to contradict separate research in July suggesting national savings l...

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