ING Direct savers in the UK will be protected by the British Government, instead of the Dutch compensation scheme, once a proposed buy-out by Barclays goes ahead.
Complaints to financial firms rose by 59% in the first half of this year, driven by a spike in the number of payment protection insurance (PPI) complaints , new data from the Financial Services Authority (FSA) reveals today.
Savers with fixed-rate bonds to give them better returns on their money could end up losing cash due to confusing variations over what happens when the deals end.
Half a million people will join a workplace pension for the first time by Christmas once employees start being automatically enrolled into schemes, the Government predicts.