Collector
Vulnerable bank customers could face ‘higher barriers’ to redress in Treasury overhaul | Collector
Vulnerable bank customers could face ‘higher barriers’ to redress in Treasury overhaul
City A.M

Vulnerable bank customers could face ‘higher barriers’ to redress in Treasury overhaul

Warnings are being raised over a planned Treasury shake-up of financial services rules after an impact assessment revealed vulnerable customers could be excluded from receiving compensation when wronged. The government unveiled its Enhancing Financial Services Bill at the King’s Speech, which paved the way for reform to consumer redress protections through changes in the Consumer Credit [...]

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