FSA orders probe into mis-selling of interest rate hedging products

The Financial Services Authority has ordered four banks to review their sales of interest rate hedging products to small businesses. Read more...

Financial services firms trained on FSCS to increase consumer awareness

HSBC, Nationwide Building Society and Royal Bank of Scotland have become the first financial services organisations to use a new Financial Services Compensation Scheme training programme to build consumer confidence. Read more...

Banks set aside further £10bn in PPI redress

Banks have put aside over £10bn for payment protection insurance redress, according to Which? consumer group. Read more...

Banks to pay redress after interest rate hedging products mis-sold

The Financial Services Authority has announced that it has found serious failings in the sale of interest rate hedging products to small and medium sized businesses. Read more...