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Financial Conduct Authority
New funding for mortgage prisoner research
The research will look for solutions to help homeowners trapped on expensive mortgages.
TSB computer meltdown to be investigated by financial regulator
An investigation into the computer failure that left up to 1.9 million TSB customers without access to the bank’s online…
Bank overdraft fees higher than payday loans as regulator 'drags its heels'
Current account users are being ripped off by banks, according to Which?.The consumer group is now calling for a…
Thousands of mortgage prisoners 'need help switching'
Around 30,000 residential mortgage borrowers need help switching to cheaper deals, according to new research from the…
FCA warns over rising loan scams
Borrowers are being urged to be on alert after victims lost £3.5 million to loan scams in 2017. The Financial Conduct…
Fund investors should be in the cheapest share class
The Financial Conduct Authority (FCA) has called on fund managers and financial advisers to move fund investors into the…
The RAC apologises over unclear insurance renewals
Motoring giant the RAC has admitted that its breakdown policy renewals should have provided clearer information, following an…
Credit card debt rises at fastest annual rate in 12 years
The amount consumers owe on credit cards is growing at its fastest rate since 2006, according to new figures from UK Finance.
Final salary transfer charges face regulatory shake-up
The Financial Conduct Authority (FCA) is considering banning ‘contingent charging’ for final salary pension transfers, as part…
Claim for mis-sold PPI - but do it yourself
According to the Financial Conduct Authority, a total of £376 million was paid back in March 2013 to customers who complained…