Evaluation Scotland Wales

10.7 million adults rarely or never save, and 11.5 million adults have less than £100 in savings

People and saving

Developing a savings habit and a positive attitude towards saving is an essential part of improving financial resilience. The UK is a nation of spenders rather than savers, so financial capability interventions need to promote a saving culture and help people to integrate saving into their day-to-day money management and their longer term goals, such as buying a home and starting a family.

Latest News

  • Wednesday 10 April 2019

    Your views needed: A money guidance practitioner framework

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Financial capability in action

Help to Save explained

The Money Advice Service guide explains who can get a Help to Save account, how to pay money into it and how the bonus payment works.

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Listening phase: help shape our strategy

The Money and Pensions Service has launched a series of listening events across the UK - an opportunity to feed in your aspirations and ambitions as we start to develop our National Strategy and three-year corporate plan.

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Nest sidecar savings trial launch

Pensions provider Nest is working with employers to test whether joining up pensions and short-term savings can create a better savings balance, and enhance the financial wellbeing of workers.

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Savings strategy

Persistent under-saving in the UK is a key issue for working-age adults, and has been highlighted this as a key issue to address. The Strategy will focus on: reducing the barriers that prevent people from saving, making it easier for more adults to start saving or to save more regularly, and helping more people to build a buffer against financial shocks.

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Life stages across the UK