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MSE News

Finance

Equifax fined £500,000 for failing to protect customer data

Credit reference agency Equifax has been fined £500,000 following an investigation into a hack last year, which compromised more than 15 million UK customer records

20 September 2018

Some travel insurers hiked premiums by 2000% for mental health problems

Research shows 45% of people with mental health problems never disclose their illness to their travel insurer

22 August 2018

First Direct tops first official bank service league table

New rules mean banks have to publish how likely their customers are to recommend them on service

15 August 2018

Pension scam victims lost an average £91,000 each

Regulators are warning about the highly sophisticated scams in a new TV ad

14 August 2018

Banks may have to give loyal customers better interest rates

The regulator has raised concerns that long-standing customers are losing out

25 July 2018

Banks asked how prepared they are for TSB-style meltdown

Banks are being asked how well prepared they are for a cyber attack or TSB-style IT meltdown by the Bank of England

6 July 2018

FCA rule change could mean more are able to reclaim PPI commission

More consumers may be able to reclaim cash if they paid high levels of commission on PPI and weren't reminded of this

4 July 2018

Retirement 'wake-up' packs to be sent to help protect pensions savers

Over 50s are to be sent retirement 'wake-up' packs to give more help and guidance on how to access their pension savings

28 June 2018

Regulator under fire for lack of 'urgency' on mortgage prisoners

The Financial Conduct Authority has been accused of having no

14 June 2018

Tesco Bank promises to refund credit card customers who were charged for spending via Curve

Tesco Bank has 'paused' charging its credit card customers a 3.99% fee if they spend via a Curve debit card

14 June 2018

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