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ISA switch charges - Saver triumphs
ReportInvestor
Posts: 3,646 Forumite
The Mail on Sunday reports that a saver was repaid the £25 for switching his ISA to another provider as A&L settled out of court. The man involved revealed the action on Thursday at the AGM of the Financial Services Authority.
A&L has since scrapped the £25 charge
. The FSA's Callum McCarthy, while not commenteng specifically on the A&L case, said that the FSA always took an interest in fairness issues.
At least A&L is getting the message that it is wiser to change tack than to face the combined dogs of war that are Financial Mail and MSE.
Apart from Portman BS, who are the other main culprits? Is it time to take them on?
A&L has since scrapped the £25 charge
. The FSA's Callum McCarthy, while not commenteng specifically on the A&L case, said that the FSA always took an interest in fairness issues.At least A&L is getting the message that it is wiser to change tack than to face the combined dogs of war that are Financial Mail and MSE
.Apart from Portman BS, who are the other main culprits? Is it time to take them on?
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