New ISA limits benefits for those who may be considered

Recent changes to the amount of savers' money on 50 may be deposited into their individual savings accounts (ISA) will see a record number of people to fully exploit the new system. But those who are not eligible because those who do not meet the minimum age requirement to find less favorable returns for their savings and refuse to put their money - we could put our money to better use?

Savers over 50 are now paying up to £ 10,200 (half ofThat must be made in cash and half in stocks and shares) of the ISA, as has been done before this limit is limited to 7,200 euros. According to the survey recently launched by Nationwide, has published a new frontier - for each of them will be implemented in April - the savings more than planned, developed, although it is in force only for a month.

Despite this optimism, save the big banks and investors, the research found that Abbey can not afford large groups of people, too. Data --published recently, 28 percent of parents were seen to have no savings, while 20 percent of respondents indicated that they were saving less than £ 1000 that could be used in a financial emergency.

The research sought advice from all corners of money to try to banks, the importance of the "highlight" Rainy Day Fund ', and independent financial experts urge people to shop around for the best savings offers before settling and for those who alreadyAccounts to check their prices and change when they see a better deal elsewhere.

The coming months are a particularly favorable for research on various types of savings accounts. New regulations mean that banks and building societies should give at least two months notice before they are striving to lower interest rates for savers, but the trend towards efficiency, simplicity and transparency are emerging in the financial sector such as banks and building societies appealPotential depositors at a time when prices are so low.