A generation of Britons are facing a cash-strapped retirement as they refuse to save more in response to the changing pensions landscape, a report indicated today.
Halifax/Bank of Scotland (Hbos) customers will be entitled to £17 million in compensation after the bank was fined £3.5 million for shoddy complaints handling.
The Government's official inflation measure jumped to its highest level in two-and-a-half years last month, tightening the squeeze on household spending power and increasing the challenge for savers.