The Savings Psyche Report

Author: Lifesight

The Savings Psyche Report

Even in relatively benign economic conditions, those in employment often struggle to make appropriate choices when it comes to long-term savings. However, continuing long-term fundamental challenges which employers and the industry have failed to address in a coherent and successful manner have offered a profound new set of challenges for savers, from fluctuating economic conditions and stock markets to low interest rates and, most recently, increased uncertainty due to the Brexit vote.

The Savings Psyche of the UK is a new report, commissioned to investigate how those in employment in the UK think about savings, the decisions that they make (or, in many cases, do not make), the challenges associated with employee pension contribution schemes and what might be done to solve them.

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