'Reckless caution' costing savers as inflation bites

clock • 2 min read
Claire Limon, network director at The Openwork Partnership
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Claire Limon, network director at The Openwork Partnership

More than 11.6 million are content to keep all their savings in cash despite ongoing low rates, according to research from financial advice and investment network The Openwork Partnership.

The Openwork Partnership warned about the risks to savers of "reckless caution" - the cost of missing out on higher returns on their money because they stick to cash accounts. It said 22% of adu...

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