Banking

The number of people paying into personal pensions has dropped sharply in the wake of economic turbulence, official figures suggest today.

Government bank National Savings & Investments (NS&I) has today pulled its index-linked savings certificates that guarantee to beat inflation.

Payment Protection Insurance (PPI) gripes boosted the number of complaints made to the Financial Ombudsman Service (FOS) in the first half of 2011 by a massive 54%, compared to the amount of cases in the second half of 2010.

Santander is still comfortably the worst bank account provider for customer service, according to a poll of MoneySavingExpert.com users, despite claims it had cleaned up its act.

An organisation which sets payment methods in the UK should consider bringing back the cheque guarantee card just months after scrapping it, MPs said today.

A merger involving Yorkshire and Norwich & Peterborough building societies remained on track today after members gave the deal their support.

RBS and Natwest basic bank account customers will no longer be able to use rival banks' ATMs, under plans drawn up by the taxpayer-funded giant.

Savers need to be quick to get the market's top easy-access cash Isa, as from Monday it'll be gone.