All the updated news related to financial services and markets act

All the news related to financial services and markets act updated in real time

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Personal Finance

7.4m people ‘have made failed attempts to contact financial services providers’

An estimated 7.4 million people tried – but failed – to get hold of their financial services providers in the year to May 2022, according to the City regulator. The Financial Conduct Authority (FCA) took the estimate from its financial lives survey ...

25 Jul 2023 at 22:30

Personal Finance

FCA to review whether car finance customers could be owed compensation

The City regulator is reviewing whether people could be owed compensation for being charged too much for car loans, following a high number of complaints. The Financial Conduct Authority will look at historical discretionary commission ...

11 Jan 2024 at 15:23

Personal Finance

Financial Ombudsman Service increases complaint level predictions

More complaints about financial firms are expected this year than was previously anticipated, according to an ombudsman service. Gripes about perceived unaffordable lending, scams and motor finance are expected to feature in the ...

04 Apr 2024 at 10:17

Personal Finance

Compensation protection limits to be reviewed by FCA

A review of compensation limits provided through a savings safety net is to be carried out by the Financial Conduct Authority (FCA). The Financial Services Compensation Scheme (FSCS) pays compensation when certain financial ...

14 Dec 2022 at 01:01

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