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Savers to be warned about risks of Lifetime Isas

Consumers who buy into Lifetime Individual Savings Accounts should be given a series of warnings about them, the regulator says.

Some children might as well put their pocket money in a piggy bank rather than an actual bank owing to poor rates of interest, research suggests.

More than 300,000 pension savers a year are being left to fend for themselves when they retire, says the TUC

Millions of savers have been left "devastated" by further cuts in interest rates during August, according to analysis from Moneyfacts.

Savers have faced "an uphill battle" when searching for a good interest rate and must brace themselves for "tougher times ahead", an analyst says.

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