Some financial products could be banned and price caps could be imposed as part of a radical rethink of the way consumers are protected, the City watchdog says.
The Bank of England base rate may have been held at 0.5% yesterday but some economists predict it could rise this year, so what should savers do with their cash?
No standard savings account can beat the current rate of inflation, meaning virtually every savings vehicle is a 'losing' account if the cost of living continues to rise at the same pace.