Tag: consumer duty
Pension alert issued over cashback offers ‘tempting’ savers to transfer pots
The Financial Conduct Authority has issued a warning about cashback offers as it published the findings from its multi-firm review of life insurers’ pension transfer processes. …
Are banks paying you a fair interest rate on your savings? FCA decides
The Financial Conduct Authority said the average interest paid on easy access savings accounts increased to 2.11 per cent in June 2024, up from 1.66 per cent in July 2023 …
