The booming housing market may be discouraging people from saving for their retirement, according to a survey by financial services company AMP .
Tuesday, December 9th 2003, 6:29AM
by The Landlord
The survey suggests the numbers of people saving for a deposit on their first home has risen, but the number putting money into other forms of saving have fallen compared to previous surveys.
The survey of 662 people found 17% are saving for a deposit on their first home, compared with 10% in AMP's previous survey conducted in January.
