Household Saving in the Uk

The research for this report was produced under the auspices of the IFS Savings Consortium, to whom the authors are grateful for financial assistance and many useful discussions and comments in the series of seminars over the last four years. The members of the IFS Savings Consortium are: Acknowledgements The research in this report was funded by the IFS Savings Consortium and co-funded by the Leverhulme Trust (project reference F/386/J) and the ESRC Centre for the Microeconomic Analysis of Fiscal Policy at the Institute for Fiscal Studies (IFS). The authors are grateful to the Financial Division of NOP Research Group for providing the Financial Research Survey data used in this study. Material from the Family Expenditure Survey, made available by the Office for National Statistics (ONS) through the ESRC Data Archive, has been used by permission of the Controller of HMSO. The members of the IFS Savings Consortium, NOP Research Group, the ONS and the ESRC Data Archive bear no responsibility for the analysis and interpretation of the data reported here. The authors are grateful to Lucy Chennells, Ian Crawford, Andrew Dilnot and Carl Emmerson for useful discussions and to Nick Watkins of NOP Research Group for advice on the use of the Financial Research Survey. The views expressed here are those of the authors and not of IFS, which has no corporate view. Any errors are the responsibility of the authors alone.