Tag: FSA

The new financial regulator mustn’t go soft on the banks

by , Principal Policy Adviser Money 22 March 2013
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Spanner with pound coin

Our Watchdog not Lapdog campaign called for the new financial regulator to be strong, open and proactive. Martin Wheatley must stick to his plans for tough action - even if it's unpopular with the bankers. (more about the FCA...)

6 people have joined in this Conversation

Are George Osborne’s plans to fix banking enough?

by , Advocacy Officer Money 4 February 2013
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Picture of a pound coin

George Osborne has officially branded 2013 ‘the year of change in our banking system’ in his speech launching the Banking Reform Bill. But do the reforms really go far enough? (more about the future of banking...)

28 people have joined in this Conversation

Are packaged accounts a stitch-up?

by , Lead Investigative Researcher Money 3 February 2013
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A wallet stitched closed

In theory, fee-charging current accounts should represent good value to some customers. But are they still good value if you’re not eligible to use some of the account's benefits? (more about fee-paying packaged accounts...)

7 people have joined in this Conversation

Scandal alert: is identity theft insurance the new PPI?

by , Deputy Money Editor Money 2 January 2013
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Credit card poking out from shredded paper

Believe it or not, yet another mis-selling scandal is engulfing financial services. This time it's card and identity theft insurance, and banks should not be let off the hook. Have you ever bought card or ID theft insurance? (more on the ID theft insurance scandal...)

6 people have joined in this Conversation

The way you get financial advice is changing

by , Head of Investments Department FSA Money 27 December 2012
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Sign saying advice

The way we go about getting financial advice is changing to make sure consumers get a fair deal. Linda Woodall, head of investments at the Financial Services Authority, explains what this will mean for you. (more about changes to financial advice...)

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How I, Milo the Watchdog, marched the streets of London

by , The Watchdog Money 14 September 2012
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Milo the Watchdog

Milo is the lovable face of our Watchdog not Lapdog campaign, launched to make sure the new financial regulator stands up for consumers. And now Milo's here to share the diary of his day trip to London. (more from Milo...)

3 people have joined in this Conversation

Let’s end the sales bonuses that encourage bank mis-selling

by , Future Head of the FCA Money 5 September 2012
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Bank staff selling to customer

Today Martin Wheatley, future head of the Financial Conduct Authority, announced how he will tackle poorly designed incentive schemes that can see banks selling products you don’t need. He’s here to tell us why… (more about sales incentives in banks...)

4 people have joined in this Conversation

Are you wasting money on your packaged bank account?

by , Principal Money Business Researcher Money 22 August 2012
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Bang for your buck

Are you paying between £72 and £300 a year for your bank account? Were you pressured into upgrading your account as the ‘must have’ benefits outweigh the cost? Chances are you’re not getting value for money... (more on packaged accounts...)

6 people have joined in this Conversation

Let’s shatter the myth of ‘free’ banking

by , Money Editor Money 21 August 2012
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Pound coins falling over

Some of the banks have suggested that the way to avoid future banking scandals is to let them charge for current accounts. It’s time to shatter the myth of ‘free’ banking. (more about 'free' banking...)

29 people have joined in this Conversation

Barclays and NatWest fiasco – has it shaken your trust in banks?

by , Campaigns and Community Producer Money 6 July 2012
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Scrabble tiles spell out 'trust'

This week, Barclays was found to be manipulating lending rates and NatWest, Ulster Bank and Royal Bank of Scotland customers suffered as a result of technical glitches. But has this affected our trust in the banks? (more about trust in banks...)

7 people have joined in this Conversation

No more excuses and no more delays – fix broken banking

by , Senior Advocate Money 3 July 2012
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Broken piggy bank

The news of rate-fixing at Barclays comes at a time when financial regulation is being debated in parliament. Ultimately this scandal highlights that four years on from the financial crisis, nothing's changed. (more about banking reform...)

6 people have joined in this Conversation

Prosecute bankers when banks break the law

by , Principal Policy Adviser Money 2 July 2012
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Barclays bank logo

Barclays' chairman Marcus Agius has resigned, admitting the rate-fixing scandal has unveiled ‘unacceptable standards of behaviour’. But it’s too little too late, and doesn't fix the corruption at the heart of the system. (more about prosecuting bankers...)

30 people have joined in this Conversation

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