Half of twenty-somethings have no savings

Half of twenty-somethings have no savings

According to the BBC "Young people in the UK are losing the savings habit - with more than half of 22 to 29-year-olds living with no savings at all, official figures show. Some 53% of this age group have nothing in a savings account or Individual Savings Account (ISA), the Office for National Statistics (ONS) said. 

The squeeze on pay and the prevalence of insecure work mean many cannot put money aside. Ten years ago, 41% of the equivalent age group had no savings." Read more  

shadow

About Us

We are a firm of highly experienced independent financial advisers based in Leamington Spa. Our core values are simple - integrity and professionalism - and have seen our business grow mainly through customer referrals and reputation.

Latest News

Get in Touch

Beaufort Wealth Management Ltd,
7B Tournament Court,
Tournament Field
Warwick,
Warwickshire,
CV34 6LG
01926 460156

Beaufort Wealth Management Limited is an appointed representative of The Tavistock Partnership Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA No: 469862. Decisions should not be taken based solely on the content of the website and individual advice should be sought first. Regulations, levels and bases of taxation are subject to change and individual circumstances. The information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. No responsibility is accepted for the accuracy or content of external websites.

Content