Cryptic crossword clue
Switch into net savings scheme 7

The most common and most likely answer to this crossword clue is the 7 letter word TONTINE

I've seen this crossword clue in The Daily Telegraph
T
O
N
T
I
N
E

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does TONTINE mean?

TONTINE noun
  1. A form of investment in which, on the death of an investor, his share is divided amongst the other investors.

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