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.
Lloyds TSB and MBNA are the worst of the major banks for wrongly dismissing complaints, new data published by the Financial Ombudsman Service reveals today.
A Premium Bond holder has claimed winnings from cash invested over 50 years ago, after the Government-run bank behind the scheme appealed for customers to come forward for £41 million of unclaimed prizes.
Savings rates for new customers have been tumbling since since the beginning of June, a MoneySavingExpert.com investigation reveals. This makes it more important than ever to search for the best rate amid plummeting returns.
20 August 2012
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