where to invest £50000

kjmpde

ISA rates are rubbish but so are other savings, Any idea of where to invest a large sum of money for a non taxpayer over the age of 50
so will not be needed for a house deposit etc#
i need the money as no longer a worker so this is a fall back sum for my pension

Pollycat

This board is probably a better place to ask for advice:
http://forums.moneysavingexpert.com/forumdisplay.php?s=&daysprune=&f=17

alanq

I have moved this thread from Over 50s Money Saving to Savings & Investments where I think it may receive more help.

Eco_Miser

Monevator has articles about investing for retirement, and about investing in general.

alanq

If you want a risk-free place for a long term deposit with no access for several years then Shawbrook has just launched a 7-year fixed rate account paying 2.20% AER covered by FSCS up to £85,000.

Discussed here

AlanP_2

[STRIKE]How large[/STRIKE]* and have you made use of the Current Accounts & Regular Savers that pay 3-5%?

Have you considered, or would you consider S&S investments or do you want / need to keep it is as cash?

Quickly accessible or locked away for a few years with penalties for early access?

EDIT - Just seen £50k in title so that answers that one.