Pressure on banks to improve financial product information

By making the relative strengths of banking products clear and explicit in terms of how they contribute to the customer's financial well being, banks could bring about a pivotal change in the nature of the sector’s competition, according to a report published today (Friday April 15).The conclusion from The Fairbanking Foundation comes as a result of what it describes as an extensive survey of UK banking products, rating each by how well it could help improve the financial well being of the

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