Bereaved families are facing bureaucratic barriers, unsympathetic customer service staff and lengthy delays when trying to close the accounts of a deceased relative. The Cost…
View More Calls to end banks’ needless bureaucracy piling on the agony for the bereavedTag: Financial Conduct Authority
Amigo chief says new rescue plan could save struggling firm by 2022
Amigo’s chief executive has said he hopes a new rescue plan to keep the struggling sub-prime lender from going bust can be successfully completed by…
View More Amigo chief says new rescue plan could save struggling firm by 2022City watchdog clamps down on debt firms over advice to vulnerable customers
The City regulator has clamped down on debt firms after finding some were potentially pushing vulnerable customers towards insolvency in order to earn higher fees.…
View More City watchdog clamps down on debt firms over advice to vulnerable customersLloyds fined £90m for letters’ pledge on competitive insurance
Lloyds Bank’s insurance arm has been fined £90m for sending insurance renewal letters to customers suggesting they were getting a “competitive price” without backing up…
View More Lloyds fined £90m for letters’ pledge on competitive insuranceAbout 2.3m Britons hold cryptocurrencies despite warnings of risk
The number of UK adults who hold cryptocurrencies such as bitcoin has risen to an estimated 2.3 million, despite warnings from regulators and the head…
View More About 2.3m Britons hold cryptocurrencies despite warnings of riskUK regulator warns Google about accepting scam adverts
The City regulator has warned it will take legal action against Google and social media companies if they continue to accept advertisements for online financial…
View More UK regulator warns Google about accepting scam advertsScammers clone trusted brands to steal retirement money
On her retirement, Janet Howland* searched online for suitable investments for her pension pot. Days after her internet search, she was telephoned by a company…
View More Scammers clone trusted brands to steal retirement moneyLoyalty penalties on UK car and home insurance to end
Customers who renew their home or motor insurance will not be charged more than new policyholders after the financial watchdog put an end to companies…
View More Loyalty penalties on UK car and home insurance to endAmigo Loans shares dive as high court rejects compensation cap
Shares in the UK sub-prime lender Amigo have plummeted on fears that the firm could collapse, after the high court refused to approve a controversial…
View More Amigo Loans shares dive as high court rejects compensation capUK ministers urged to make tech giants responsible for scams
A coalition of organisations including City of London police and the consumer body Which? is demanding the government make tech giants such as Google and…
View More UK ministers urged to make tech giants responsible for scams