Alliance & Leicester: Older people travelling more

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Alliance & Leicester: Older people travelling more

Many over-50s have been enjoying their golden years by travelling to exotic locations, according to Alliance & Leicester.

Steve Gracy, spokesperson for Alliance & Leicester, said that people in this age group "tend to have a bit more time" to see the world because they are near retirement or have no more children at home.

They also have a more solid financial foundation, he explained, adding that "they have more money to use to actually go further afield".

Because older people have specific needs, Alliance & Leicester has created a specific current account to cater to this group.

"We've launched a specific current account for this area - because they do have certain needs, they do have certain wants and we wanted to provide a current account for them that addresses those," Mr Gracy added.

Almost 11 million people aged 50 or above have plans to become more regular travellers in the coming years, Alliance & Leicester research has found.
ADNFCR-323-ID-18372278-ADNFCR

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