The increase in ISA allowances for the over-50s was simply a headline-grabbing attempt by the government that will have little effect on the finances of older savers, Moneynet.co.uk said this week.Since 6 October, over-50s have been allowed to save £5,100 per year in their Cash ISA rather than £3,600.Moneynet.co.uk calculated that the average benefit of [...]

More: Moneynet slams government for ?headline-grabbing? with ISA increase