The Vultures...

[MancunianStacker]

Ok, so in between Sky News, a well known  life company is advertising its “over 50s” plan.

What isn’t made clear is that it only pays out after the first year!!! I didn’t see that warning in the advert but I may have missed the small print???

Has anyone else noticed anything like this being “pumped”?

[KitboyE17]

I think most over 50 plans if not all of them have a qualifying period - I saw some this week where the qualifying period was 24 months and even 36 months. Plus you have to keep payments up to age 80 and in some cases age 90. Imagine £10 a month for 40 years .... even a cash ISA gives a better return.