Vulnerable people could be given help to better understand their insurance renewal notices, after plans for a new industry-wide code to "build trust" in the sector were unveiled today.
Millions of households and motorists face a steep rise in the cost of new insurance policies later this year due to an increase in the tax insurers are charged. Yet you may be able to beat the hikes by locking in quotes early.
The Church of England has released a rap song featuring MoneySavingExpert.com creator Martin Lewis which warns of the dangers of taking out payday loans. It comes as a regulator criticises the industry for lacking competition.
The Financial Conduct Authority (FCA) has promised "tough and decisive action" against payday lenders that don't follow strict new rules, after taking over regulation of the consumer credit market from the Office of Fair Trading (OFT) today.
Unemployment has fallen to 7.1% – within touching distance of the figure which will be used to decide whether interest rates will increase, official data has revealed.
Hundreds of thousands of pensioners face being ripped off when investing in annuities unless rules are tightened urgently, an official advisory panel is warning.
9 December 2013
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