Over 50s MoneySaving

Archives for March 2010

Single pensioners
Is financial life harder for single pensioners?
Great 'What discounts can I get now I'm over 60?' Hunt
Around a fifth of the population are 60 years old or over, so it's no wonder some companies (plus the Government) offer extra discounts and incentives to tempt the group's custom and loyalty. So we'd like to tap MoneySavers' knowledge for where these discounts, savings and promotions can be had. Examples include annual…
Power of Attorney Question
My dad has an existing power of attorney set up, I've not looked at the details yet but I would assume it is an enduring power of attorney as it was set up several years ago. I was looking at registering this but it appears to be it can only come into effect if he is mentally incapable to look after his affairs. In theory…
Community care charges - what's included?!?
My 85 year old aunt suffers from dementia. She is still living in her own flat where she has several hours of carers visiting each day. She lives near London and her local authority has said because her savings exceed the capital limit that she will need to pay towards the costs of her care. I am really, really confused…
Just been told I need new hips!
I have just been told that my hips are shot. The background is that I am 54 years old and live independently, over the past couple of years I have developed a bit of a limp, I put this down to having a physical job and standing for 8 hours a day and walking several miles to boot. I have now moved to a more sedentary…
Funeral costs, estates and a loan
First of all, I'm sorry this possibly isn't quite the right forum, but it does seem to be the most popular one for estate style questions. My Gran died recently, leaving her estate jointly to my Mum and my Uncle who are also named in the will as executors. As the estate was not "cash rich" we have completed confirmation…
Boots
Not sure if this has been posted before, but recently signed up for Boots Medicine delivery service. They can collect your prescription for you and delivery for free, ideal if your unable to get to local pharmacy. Also they do free repackaging service for your pills so that you can have them all in the right times and…
State Pension Fiasco
I suppose we should all rejoice now that we are to receive a less than inflation increase to our Pensions. After all, ar'nt we the ones who have always helped out our Country in its time of need. And it couldn't be more needy now could it, with its massive debt of circa £180 billion. What I would like to know is, who is…
travelling with medication
we are going to tenerife next month.both me and mrs w take a fair amount of medication. what we cant remember is if we are allowed to take them with us a we usually take them,set out by the day in a container,with the repeat prescrition to prove whats what(if needed)or do we have to take them in the boxes as dispensed with…
I need a little advice on forward planning
Apologies in advance if this is wrong board but I know there are many experts on here on age-related finances. OH and I have had a big wake up call lately as SIL had a massive stroke and will probably need to go into a nursing home. Now I don't want to do anything illegal but it set us wondering about the best way to…
Will with conflicting codicils
My friend was recently left a house by her elderly uncle, or so she thought. He had promised to leave it to her in his will. For the last ten years he has been in poor health and has had a "lodger" who stayed rent free in exchange for keeping an eye on the old man. Four years ago the lodger maried and last year they had a…
Tax office got knickers in a twist
I get income from different sources, annuities etc. I also got married 8 years ago and DH and I are - just - in the age-group entitled to married people's tax allowance, which we split between us to set against our separate incomes. Yesterday, got new notice of coding from 4 different tax offices and all of them had…
cruising for little old ladies.
JOKE TITLE!! just trying to get your attention. Although the old man and I enjoy our travel and have been to many wonderful destinations, we have never been on a cruise. Really cruising just does not appeal to us but that is beside the point. My mother and her friend both aged 84, life long friends, who were both widowed…
Giant increase on travel insurance...help needed !
I am 67 and my OH 68. I have type 2 diabetes and he 'merely' has hypertension. Last year I got an annual travel insurance policy through Diabetes UK which cost us £193.35. We have a house in France and need to be insured as we visit quite often. I have just got the new quote for the same policy (neither of us has claimed,…
Socks (ladies) without fierce elastic at top ?
I need to wear socks (diabetic, easily-blistered feet) but the fierce elastic at the top of most socks upsets my slightly swollen ankles. Does anyone know of any not-hideously-expensive make of sock which has no or gentle elastic ? (You can buy no-elastic ones but they all seem ludicrously ££££s when all they're doing is…
Payslip for private pension
I have just started receiving a private pension. The money goes straight into my account but I have no details. The first month it was untaxed; this month it seems to have had about 21% taken off. Should I receive a monthly payslip or do I just get something at the end of the tax year? Thanks Lolly
The Pro's and Con's of keeping a Dog
I am a 62-year-old male and I live alone, and through ill health I had to retire. I have had an operation and as far as I know everything is now ok. For a little while I have been thinking about getting a dog for company, and taking a dog for walks would give me some much needed exercise. I am on a limited budget just my…
trouble in Canada
My daughters marrage is in difficulties. She has no job at the moment and her husband has just lost his. There is nothing for her there, no family,except her children, no friends as they were all her husbands. She wants to come home and reside with her children in england. We will help with a deposit for a rented home and…
Well Im officially a Senior Citizen
Hit 60 last week and will be getting a pension of £84 per week which Im having paid monthly. |Thing is I shall carry on working part time - I earn just below the level for NI and tax (work for OH/am a director of his limited co). I also have some BS savings and after years of not filling in a tax form, I now get a letter…
what if probate isnt needed
my nan died recently and she had money in three seperate bank accounts, probate hasnt been applied for so i am presuming that my uncle has just got the money straight from her bank accounts as they are less that 5000 in each, my question is if probate isnt needed do the intestate laws still need to be applied thanks

★ ★ ★ Meet your Ambassadors

MSE News

Santander to cut rate on popular 5.2% easy-access savings account next week – should you switch now?
Santander is cutting the rate on its popular easy-access savings account from 5.2% to 4.2% on Monday 20 May. But you can easily beat the new 4.2% rate by switching elsewhere.
Subway customer? You've got until TOMORROW to use your loyalty scheme points before shake-up – here's what's happening
If you're a Subway Rewards member, you have until 5pm on Tuesday 14 May to spend any points you've built up – or lose them entirely.
Tesco shopper? You've got three weeks left to spend £17 million of expiring Clubcard vouchers – or extend them with our trick
If you've got a Tesco Clubcard, check when your vouchers are due to expire as there are just three weeks left to spend or extend nearly £17 million-worth before they run out on Friday 31 May.
Sainsbury's shopper? Check if you can get an easy Nectar points boost with its limited new offer
If you have a Nectar card, you may be able to earn a few quid's worth of extra points this month, as Sainsbury's is running a limited new promotion for millions of shoppers.
Bank of England holds base rate at 5.25% again – but with a cut now on the horizon, what does it mean for your mortgage and savings?
The Bank of England has held the base rate at 5.25% for the sixth time in a row. But there are now stronger signs that a rate cut might be coming soon – which could have a knock on impact on mortgage and savings rates.
Bank of England holds base rate at 5.25% again – but with a cut now on the horizon, what does it mean for your mortgage and savings?
The Bank of England has held the base rate at 5.25% for the sixth time in a row. Here's what it means for your mortgage and savings.
FREE Creams Café gelato scoop (normally £2.50)
If you're after a sweet treat , we're cone-fident we have just the the scoop for you...
Bank of England holds base rate at 5.25% for the sixth time in a row – here's what it means for your savings and mortgage
The Bank of England has held the base rate at 5.25% for the sixth time in a row. Here's what it means for your mortgage and savings.
Parents in England expected to contribute up to £15,000 a year towards children's university living costs, new report finds
Parents and carers in England have to contribute up to £15,127 a year in order for their children to have a minimum acceptable standard of living at university, according to a major new report.

View All

Over 50s MoneySaving

Discussion List

Get our FREE Weekly email full of deals & guides - and it’s spam-free