George Osborne has unveiled measures to boost the income of pensioners and savers hit by low interest rates. The amount people can save tax-free in Isas is to rise, while pensioners also get a higher interest savings option. People will also no longer have to use their pension pot to buy annuities.
The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.