Savers are facing a battle as the UK’s rate of inflation continues to be higher than the interest rate offered.
Despite a warning to providers in January 2015, the regulator is examining the industry once again.
The average age of its Lifetime Isas customers is 26, with 72 per cent using the product to save for retirement.
The Lifetime Isa launched in April 2017 and lets account holders save £4,000 each year towards the cost of buying a home.
Pensioners are being urged to check their maturing savings accounts with National Savings and Investments.
Millions of people are delaying making decisions about social care as ‘confusion’ reigns over the direction of government policy.
Savers are starting to see improved rates across the market, but many are missing out as best products are withdraw.
The annual capital gains tax (CGT) allowance will increase from £11,300 to £11,700 for the 2018/19 tax year.
Chancellor Philip Hammond has announced an increase in the personal allowance and higher rate tax band.
Last summer, a string of banks cut current account interest rates. Will they now put them back up?