Money
"Annual Income twenty pounds, annual expenditure nineteen pounds, nineteen shillings and sixpence - result happiness. Annual Income twenty pounds, annual expenditure twenty pounds and sixpence - result misery" Wilkins Micawber (David Copperfield by Charles Dickins)
Savings
Nothing in this website should be construed as financial advice. With interest rates falling do check what interest rate you get on your savings. The "Google Ads" at the right of this page will often give you a quick entry into comparison websites.
ISA (Individual Savings Account) Limits will be raised for savers over 50 to £10,200 from 6th October 2009 for the 2009/10 financial year. This new limit will apply to all savers from the 2010/11 financial year.
Many banks, building socities etc operate special accounts for the over 60's
Principality Building Society has launched a monthly income account for people over 60.
The 60+ Monthly income Account is a 60 day notice account which guarrantees to match the Bank of England base rate until January 1st 2009. More details from www.principality.co.uk
The Coventry Building Society offers its Sixty-Plus accounts exclusively for the over 60s. More details from www.coventrybuidingsociety.co.uk/savings/sixtyplus
The Market Harborough Building has an internet easy access savings account for the over 60's The account is called onthedot Sixty + surfer, more details from www.mhbs.co.uk/
The Nationwide Building Society has a monthly income 60+ account. To receive a regular income on your savings, you arrange for your pension (or salary if you’re still working) to be paid into a FlexAccount, Nationwide’s current account. You can move money easily from your FlexAccount to your Monthly Income 60+ and receive interest to your FlexAccount every month. More details from www.nationwide.co.uk/
The Skipton Building society has a Pension Plus Account, details from www.skipton.co.uk
Current Accounts
Alliance & Leicester offer a current account exclusively for the over 50s.
More details from www.alliance-leicester.co.uk
Credit Cards
There does not appear to be any credit cards geared to the the over sixties age group. However you can take advantage of your status(and probable high credit rating) and obtain credit cards with 0% rates of interest on new purchases. There are many offers about - try typing "0% credit cards" in a search engine and you will get a range of ads, click on one of these to see the results.
Stocks & Shares
A useful guide to stocks and shares can be found at