Banks and building societies will have to display much clearer information to savers about how their money is protected from next January, under rules announced today by the Financial Services Authority (FSA).
Banks have been given a further six months to sit on bank charges claims, pending the outcome of the test case to determine the fairness of these fees.
Mortgage lenders are hitting struggling borrowers with thousands of pounds of additional fees. Many are thought to be disguised, excessive and can be reclaimed.
Leading bank charges campaigner Martin Lewis has today urged the Financial Services Authority (FSA) to lift the bank charges reclaiming hold after providers admitted their fees are disproportionately high.
Investors who buy and sell shares via stockbroker Hoodless Brennan (HB), without receiving investment advice, must act fast to continue trading and maintain their cheap rates.