Fewer than one in five confident over savings

FEWER than one in five people are confident that they are saving enough for retirement, according to a survey released conducted by YouGov on behalf of the Institute of Financial Planning (IFP) and the NS&I (National Savings and Investments).

Women are more downbeat than men, the findings revealed, with two thirds saying they worry about money “either always or most of the time”. Fifty-four per cent of men worry about money to this degree.

“These findings present a worrying picture for so many people who are facing an uncertain future,” said Nick Cann, chief executive of IFP.100