Samantha Nelson has put around 80 per cent of her savings into physical gold as part of her retirement plans after becoming concerned about relying too heavily on cash savings.

The interior designer, from Surrey, began looking at alternatives after selling a flat and finding herself with a substantial amount of money sitting in the bank.

While she already had savings in an ISA and a workplace pension, she wanted to diversify part of her wealth into an asset she could physically own.

Shorts

Speaking to The i Paper, she said: “After selling a flat, I had money sitting in the bank and began thinking more seriously about how to diversify my savings as part of my long-term planning.