Finance

The Financial Conduct Authority has been accused of having no "sense of urgency" as it grapples with how to help 30,000 so-called 'mortgage prisoners' who have been told they can't afford to switch to a cheaper deal.

Claims firms will have to clearly spell out their fees and direct customers to free alternatives BEFORE they sign any contracts, under new plans proposed by the financial regulator.

1,300 TSB customers have had money taken out of their accounts by fraudsters, the bank's chief executive Paul Pester revealed today, as a grilling by MPs exposed the full devastating impact of the bank's catastrophic IT meltdown.

A cancer patient has had her £29,000 critical illness insurance payout stolen, MoneySavingExpert.com can reveal, as yet more cases emerge of TSB customers being targeted by fraudsters in the wake of its IT meltdown. But the bank has refunded her and pledged that others who've been scammed WILL get their cash back.

Transferwise has launched a debit card which gives you bank account details for four countries including the US and Australia - but while it's good for long-term travellers it can be beaten for shorter trips.

Victims are being scammed out of more than £3.5 million a year by fraudsters tricking them into transferring an upfront fee before they are given a loan, the Financial Conduct Authority is warning.

The number of PPI complaints jumped by 40% in the second half of 2017, new figures reveal.

Martin Lewis is warning PPI claimants not to follow advice on the financial regulator's new Arnold Schwarzenegger adverts – as you could end up losing a third of your payout.

Arnold Schwarzenegger's animatronic head is hitting TV screens again today - in a new advert urging people to check whether they had PPI.

Hollywood actor Michael Sheen has launched a new campaign to tackle high cost credit and provide "fairer" alternatives for those who use payday lenders and rent-to-own firms.