MSE News: FCA announces plans to improve current account competition

MSE_Luke

The financial regulator is to develop prompts and alerts for customers to review bank account choices and overdraft use...

Read the full story:
'FCA announces plans to improve current account competition'

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

ceredigion

Haven't we been here before. At least this time there is no mention of compulsory account fees, be grateful for small mercy's I suppose.
There is plenty of competition in the market, you can not blame the banks if people are generally apathetic. The market would work even better if the regulator just kept out of it.

Yorkshire_Pud

Churn! Churn! Churn! (To every bank account there is a reason)

Or how to keep their as*es in a job a while longer whilst stirring up something that's fine just as it is UNLESS people want to spend ALL their time checking up on their bank accounts.

Hang on a minute:)