Secret savings reach £3billion
CASH put aside by secret savers has grown to over £3billion, a report says.
Between 2013 and 2014, the UK’s total secret savings rose from £2.8 billion to just over £3 billion, an increase of 9%.
Overall, the average UK couple now keeps 63% of their savings and investments in sole accounts. Over one in ten (11%) people in the UK keep some of their savings secret from their partner.
Women (12%) are more likely to keep secret savings than men (9%). The latest Lloyds Bank Family Savings report reveals an increasing number of secret savers that have a pot of £1,262 stashed away on average.
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