Someone with £250,000 in scheme at start of year will have seen it shrink to about £225,000
Savers are nursing losses approaching 10% in their pension schemes since the start of the coronavirus market panic, while holders of share Isas have lost as much as a quarter of all their money in some funds.
The stock market rout means someone who had accumulated £250,000 in their pension scheme at the start of this year will have seen it shrivel to about £225,000 on Monday.
It is not all bad news. Drivers will at least see the price of petrol fall