MoneySavingExpert News

Financial Conduct Authority

Car finance mis-selling investigation expected to find wrongdoing, regulator says

It's "improbable" that an investigation into hidden car finance commission will find no evidence of wrongdoing, the boss of the financial watchdog has said.

14 March 2024

Millions who bought a car or van on motor finance could be due a payout as major mis-selling investigation launched – what we know

If you bought a car or van on motor finance from the likes of Barclays Partner Finance, Blackhorse and Santander and you think you were overcharged, you could be due a payout as a major mis-selling investigation has been launched.

7 February 2024

Martin Lewis: 'Dear Government, don't be yankers' – MSE, Citizens Advice and Which? renew calls for buy now, pay later regulation

Citizens Advice, MoneySavingExpert and Which? have teamed up again to renew calls for the Government to urgently protect buy now, pay later users.

20 November 2023

Banks to be fined if they fail to provide free access to cash under new laws – here's what's happening

Banks and building societies will face fines if they fail to protect consumers' free access to cash under new powers being given to the financial regulator.

18 August 2023

Savers to be sent switching prompts in crackdown on low rates - here's what's happening

Savers with accounts that pay low or no interest will soon be prompted to consider alternatives under a crackdown by the regulator.

31 July 2023

Section 75 refunds and Consumer Credit Act shake-up to be explored – here's what's happening

Your right to a refund when credit card purchases go wrong could be shaken-up under plans put forward to potentially overhaul the Consumer Credit Act, which encapsulates Section 75 protections.

12 July 2023

Help for struggling mortgage borrowers confirmed – but Martin Lewis says it's 'a thin sandwich'

New guidance designed to help homeowners struggling with their mortgage payments has been published by the financial regulator, though it has been likened to an "empty sandwich" by founder Martin Lewis.

10 March 2023

More than seven million people now struggling to pay their bills - here's the help you can get if you're facing financial difficulty

Almost eight million people in the UK are currently struggling to pay their bills, according to the financial regulator. If you are facing financial difficulty, we explain how to check if you're eligible for support and how to try and cut costs and save on essential bills.

21 October 2022

'Buy now, pay later' firms, and retailers offering their services, warned not to mislead shoppers in adverts - here's what to watch out for

'Buy now, pay later' (BNPL) firms - and retailers promoting their services - have been warned by the financial regulator not to mislead shoppers in adverts and promotions.

19 August 2022

Buying a prepaid funeral plan? You now have more protection after regulator intervenes

From today, all prepaid funeral plans in the UK will be policed by the financial regulator – meaning you'll be protected if you buy a plan from an authorised firm and it later goes bust.

29 July 2022