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Results for Gareth Shaw tag

March 2021

Which? comments amid reports Rishi Sunak is backing away from cash legislation

2 March 2021

Gareth Shaw, Which? Head of Money, said: “It is deeply concerning to hear the government could be wavering in its commitment to legislation to protect access to cash. Rishi Sunak’s promise at last year’s Budget gave hope to millions of people and to communities around the UK that rely on cash and would struggle to […]

Statement: cash, Gareth Shaw, Treasury

December 2020

Which? responds to Link figures that show three in four believe Covid will affect cash use

28 December 2020

Gareth Shaw, Head of Money at Which?, said: “The pandemic has put added strain on the UK’s frail cash network. Our research shows some of the most vulnerable, who rely on cash to pay for essential goods and services, are at risk of being excluded as the UK accelerates towards a cashless society before they […]

Statement: cash, Gareth Shaw, Money

September 2020

Which? response as FCA confirms the next stage of support for credit and overdraft customers

30 September 2020

Gareth Shaw, Head of Money at Which?, said: “While the FCA has announced support for some credit and overdraft customers who will struggle financially after the current support period ends, the regulator has wound down vital protections like payment deferrals too soon. “Many people could face a perfect storm of financial pressures amid widespread job […]

Statement: FCA, Gareth Shaw, Money

Which? responds to new pilot schemes to help boost access to cash

23 September 2020

Gareth Shaw, Head of Money at Which?, said: “These pilot schemes are a very positive step – innovative solutions are badly needed to help communities, businesses and millions of people who are really struggling from being cut off from cash and banking services. “It’s encouraging that these pilots are still going ahead in spite of […]

Statement: Gareth Shaw, Money

Which? comments on FCA proposals to tackle insurance pricing concerns

22 September 2020

Gareth Shaw, Head of Money at Which?, said: “The regulator is rightly proposing action to stop insurance firms from exploiting their loyal customers with sharp pricing practices. Our research has found that existing insurance customers are often punished with vastly overpriced premiums when little has changed in the service they receive. “The FCA must move […]

Statement: FCA, Gareth Shaw, Insurance

April 2020

Which? launches new scam alert service as coronavirus creates ‘perfect storm’ for fraud

23 April 2020

Which? is launching a free scam alert service to warn consumers about the latest fraud attempts and give advice about how they can protect themselves, as criminals exploit the coronavirus outbreak to unleash a new range of scams. With more than £1.2 billion lost to scammers in 2019, fraud has become one of the most […]

Press Release: Gareth Shaw, Online Scams

Which? comments as mobile and banking industry join forces to tackle spoofing scams

22 April 2020

Gareth Shaw, Head of Money at Which?, said: “For years, fraudsters have been using “spoofing” tactics to trick their victims and we’ve seen huge numbers of people lose significant sums of money to this type of scam. “It is good to finally see a co-ordinated approach across the banking and telecoms industry to develop solutions […]

Statement: Gareth Shaw, scams

Which? response to ABI’s warning against making rushed decisions about pensions as a result of coronavirus

17 April 2020

Gareth Shaw, Head of Money at Which?, said: “Pension savers should think very carefully when making decisions about accessing their money if they are concerned about the impact of the economic uncertainty on their finances. While pension freedoms have offered greater flexibility, they have also led to increased risks such as scams and poor value […]

Statement: Gareth Shaw, Money

Which? comments on Post Office initiative to help people self-isolating access cash

13 April 2020

Gareth Shaw, Head of Money at Which?, said: “Millions of people rely on cash every day but many will struggle to access their money during the coronavirus crisis. Our research has found a third of people, including those aged 65 and over and vulnerable consumers, have concerns about managing their money digitally, so this initiative […]

Statement: coronavirus, Gareth Shaw

Which? responds to the ABI’s coronavirus scams warning for pension savers

10 April 2020

Gareth Shaw, Head of Money at Which?, said: “The financial impact of the coronavirus crisis on savings including pensions is a huge concern for consumers, and the uncertainty has created the perfect environment for fraudsters to thrive. “In the last few weeks, there has been a rise in scams and dodgy get-rich-quick investments, so it […]

Statement: coronavirus, Gareth Shaw, Pensions, scams

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