After years in the doldrums, cash ISA rates are rising rapidly thanks to rapid increases in the bank rate which rose to 4% last week.

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.

Almost a quarter (22%) of UK savers prefer to keep all their money in cash rather than investing it, according to new research.

More than 3m pensioners keep all of their ISA savings in cash, a Freedom of Information request has revealed.