75% of savers unhappy with rate

Savers are overwhelmingly dissatisfied with the rate of return that they are receiving on their deposits according to a survey by Standard Life.

According to a survey of 1,000 people more than 75% of respondents were not happy with the rate of return that they were receiving on their savings, as interest rates remain at historically low levels.

Many savers have come to the conclusions that keeping cash on deposit is simply not good value for money and are now looking at other investments to find return for their investment.