Tag Result: loyalty penalty
Lloyds fined £90m for misleading customers about insurance quotes
Lloyds Bank has paid out £13.6m to 350,000 customers following an investigation into home...
Clampdown on insurers hiking prices for loyal customers
The Financial Conduct Authority (FCA) is banning insurance companies from charging existin...
Insurers to be banned from renewal price hikes for loyal customers
Car and home insurance firms could be banned from gradually increasing renewal prices for ...
CMA warns businesses not to exploit Covid-19 affected customers with loyal penalty
The Competition and Markets Authority (CMA) has cautioned businesses that, “now more tha...
Brokers drive borrowers to remortgage instead of hit SVR – FCA research
Brokers are significantly more likely to stop their customers being penalised for their lo...
FCA pushed to set timetable for solving mortgage loyalty penalty
The competition regulator has urged the Financial Conduct Authority (FCA) to set a timetab...
FCA pushed to take ‘strong action’ where loyal customers are penalised
The Financial Conduct Authority (FCA) must recognise the scale of penalties faced by long-...
MMS: FCA rejects calls to overhaul mortgage pricing models or cap SVR margins
The Financial Conduct Authority (FCA) will not recommend that lenders change how they pric...
Mortgages one of five sectors targeted by £4bn rip-off super-complaint from Citizens Advice
Charity Citizens Advice (CA) has sent its first super-complaint in seven years to the Comp...