mabels.org.uk
http://www.mabels.org.uk/forum/

Why over-50s keep 80% of savings in cash
http://www.mabels.org.uk/forum/viewtopic.php?f=3&t=5059
Page 1 of 1

Author:  admin [ Wed Dec 30, 2015 8:01 am ]
Post subject:  Why over-50s keep 80% of savings in cash


Cautious savers are missing out on extra income because they are keeping money in accounts paying paltry rates of interest.

Research by Saga estimates that over-50s hold more than 80 per cent of their cash in current accounts, savings accounts and cash Isas paying a measly 2.4 per cent of interest a year on average. Read more

Page 1 of 1 All times are UTC
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
http://www.phpbb.com/