P674 Teletext 674 Jun24 16:40:35 FOR MONEY ——————————————————————————————————————— PENSIONER POWER Gone are the days when the older generation sat back and endured everything that was thrown at them. Today's over-50s are standing up for their rights through people power. Research by financial institutions has found that they are proving to bj astute investors, prolific shareholders and adept at saving tax. ——————————————————————————————————1/6— Supjrscrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit MoneyP674 Teletext 674 Jun24 16:45:24 FOR MONEY ——————————————————————————————————————— PENSIONER POWER Pensioners are more switched on when it comes to investing in tax-efficient savings than younger people, according to Barclays Bank. Anzonj can invest up to £6,000 tax free in a PEP, but the average age of those who do is a healthy 57. Even TESSAs which offer tax-free returns after five years show an average buying age of 45. And two out of three shareholders are over 40. ——————————————————————————————————2/6— Supjrscrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit MoneyP674 Teletext 674 Jun24 16:47:43 FOR MONEY ——————————————————————————————————————— PENSIONER POWER MOP research says there are 10m shareholders in the UK and 38% are over 55. Pensioners really came into their own in the battle to retrieve pension fund money lost in the Maxwell scandal. Mirror Group Newspaper Pensioners mounted a powerful political lobby and publicity campaign to get back what was theirs from the banks. They won a financial and moral victory. ——————————————————————————————————3/6— Supjrscrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit MoneyP674 Teletext 674 Jun24 16:47:51 FOR MONEY ——————————————————————————————————————— PENSIONER POWER Pensioners are not shy to use the law and will go to court to fight for their rights. Four Gloucester pjnsionjrs won a landmark case last week against the county council for withdrawing some disabled community care sjrvjces. 230 Philips pjnsionjrs are going to court over the firm's decision to cut some retired peoples' private health cover. ——————————————————————————————————4/6— Supjrscrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit MoneyP674 Teletext 674 Jun24 16:54:22 FOR MONEY ——————————————————————————————————————— PENSIONER POWER Some 300 pjnsionjrs are suing a building society for £3m after losing large sums in a home income scheme. Age Concern says: "Older people are increasingly have to go through the courts to make their views heard and have injustices remedied". Local Age Concern groups can help explain your rights to you. ——————————————————————————————————5/6—— Supjrscrooge is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit MoneyP674 Teletext 674 Jun24 16:54:09 FOR MONEY ——————————————————————————————————————— PENSIONER POWER One pjnsionjr who'd had enough after a row with his bank took people power a little too far. Farmer David Canning, 65, of Northumbjrland deposited 10 tonnes of slurry at his NatWest branch Harriet Docker of Oldie Magazine says today's older generation are "by no means past it". "They know what's going on and have more influence economically and politically than ever" she adds. ——————————————————————————————————6/6— Supjrscroogj is back here on Monday HAVE YOU SEEN FAMILY FINANCE? p540 Lost Touch Service Pals Fit Money