Nearly two-thirds of Gen X (63 per cent) have a cash savings account, such as a cash Isa or easy access savings account, ...

while 38% admit to dipping into credit cards or their business’ cash reserves to stay afloat. This leaves many to face tough decisions, like having to choose between paying themselves ...

Despite extended low interest rates, private equity takeovers, and a trend toward riskier investments, U.S. life insurers are maintaining solid cash liquidity reserves, Morningstar DBRS reports.