04/18/2012 11:19 am ET

Rip-off Warning On 'Over-50s' Savings Accounts

Millions of older savers and investors are often tempted by bank accounts aimed at the mature market because they assume that these offer better interest rates than all-round products.

However people's savings would do just as well, and usually better, if they simply stuck to the same products as everyone else, said a report study by Governor Money, an investment advice firm.

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