“Significant win for savers” – Which? response to FCA consultation on cash savings accounts

Which? executive director Richard Lloyd, said:

“For too long, banks and building societies have left customers languishing in poor value savings accounts so today’s move from the FCA is a significant win for savers and the 69,000 people who supported our Scrap the Savings Trap campaign.

“With many savers never switching because they don’t think it will make a difference, it’s good that the FCA has listened to our calls to make savings providers do more to help customers get a better deal.”

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