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

UK Seniors Should Beware Accounts Targeting Older Savers

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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