|Why over-50s keep 80% of savings in cash
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|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
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