Over four in five (82%) parents and relatives who invest in Junior ISAs have been using them to invest for children and young relatives since they were under five - but 80% will wait until their recipients are over 16 before telling them, missing an opportunity to help young people learn more about personal finance, says a provider.

Citizens Advice, the consumer advice charity, has made a ‘super complaint’ to the Competition and Markets Authority about “excessive prices” it alleges cost ‘loyal and disengaged’ consumers £4bn a year.

Goldman Sachs’ new online bank Marcus is launching its first savings account in the UK with a market-beating 1.5% on offer.

A new savings scheme for people on low incomes has been launched by the Government and offers a 50% bonus.