Time to start saving – how to make the best of uncertainty

May 08, 05:00 AM
The economic impact of coronavirus is already felt keenly by many people. A large chunk of the population is having to dig into its savings to cover for lost income. But what if you don't have much in the piggy bank in the first place? Often, the discipline to save gets overtaken by events. With two fifths of adults having less than £500 in savings, what can be done to encourage people to think about their lifetime savings more?

With Mims Davies, Minister for Employment; Lord David Willetts, President of the Resolution Foundation; and Emma Watkins, Annuities Director at Scottish Widows.

Presented by Katy Balls.

This podcast is sponsored by Lloyds Banking Group.