Budget 2016: Osborne launches Help to Save scheme

Stephanie Baxter
clock • 2 min read

The Chancellor has gone ahead with plans to introduce a scheme to help lower paid people to save, amid concerns it could disincentivise pensions savings.

The Help to Save scheme announced in today's Budget will work by providing a 50% government bonus on up to £50 of monthly savings, benefiting up to 3.5 million people. Former pensions minister, ...

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