Personal Savings
Commons · Question 64756 · Tabled 3 Jul 2025 · Treasury · Official record
Answered 11 Jul 2025
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of average savings held by (a) low-income households and (b) pensioners for meeting emergency or unforeseen costs.
Answer
Answered by Emma Reynolds, 11 Jul 2025
The Government is committed to incentivising saving and investment, helping people to save for their future goals and build greater financial resilience. Individual Savings Accounts (ISAs) support people of all incomes and at all stages of life to save. T...