The firms were named and shamed in the annual Moneywise Customer Services Awards 2018 (Moneywise is a sister publication of Money Observer), which was based on the results of a survey completed by around 40,000 people between December 2017 and March this year.
The number of investigations into the actions of attorneys and deputies who have been given the responsibility to manage an individual’s finances or make decisions on their behalf has soared by 45 per cent in the past year.
Children across the UK will be learning about personal finance this week (11 to 17 June), as part of the My Money Week, organised by Young Money (formerly the Personal Finance Education Group).
A new report from the Royal Society of Arts (RSA) is calling for an overhaul of the tax relief offered to savers paying money into a pension.
Eight in ten primary school teachers have backed calls to put financial education on the school curriculum.
Over-55s planning to make an ad hoc pension withdrawal this year are being warned that they could be hit with higher tax bill.
This reduction in inflation has been led primarily by falling transport costs – most notably motor fuels and sea fares.
Old Mutual Wealth has agreed to cap the exit fees it charges savers who transfer to rival providers before the age of 55.
Chancellor Philip Hammond used his first spring Statement as an opportunity to provide an update on the government’s ambitious plans to tackle the UK’s housing crisis.
NS&I has cut the rate it pays new customers on its three-year guaranteed growth and guaranteed income bonds.