Improved financial knowledge will enable individual savers, insured persons, shareholders and investors to be in a better position in their relationships with their financial institutions.

Everyone from the small-business owner, the individual saver and the retiree goes to the local bank.

The additional costs for companies would ultimately be borne by individual savers, who would see less generous pensions.

Most individual savers may be better off spreading their deposits in $100,000 chunks among different banks.

On the other hand, individual savers (both households and firms) may have sudden, unpredictable needs for cash, due to unforeseen expenditures.

But that's probably more complexity than individual savers want.

There may come a time when individual savers can buy packaged laddered bond portfolios, with the derivative hedges built in.

Our individual savers generate more than $1 billion a day while our companies pile up about $500 million a day.

The president and the parliament are struggling for power, but both have said that individual savers will be compensated for the ravages of inflation.

I am unconvinced, and recent events have shown the extent to which financial innovation spreads from one category of investor to another, right down to the individual saver.