One of the UK's biggest banking trade unions has claimed that a "performance rating bias" against branch staff of Lloyds Banking Group is proof that a sales-driven culture still dominates retail banking.
A HOST of financial advisers are holding free surgeries next week to convince the public that their expertise is worth paying for amid accusations that much of the profession pockets high charges for a hands-off service.
THE battle to protect consumers against financial fraud is continuing to rage, in spite of growing awareness and campaigns to tackle the problem, as those intent on raiding consumers' bank accounts are using ever more elaborate means.
As Junior Individual Savings Accounts (Jisas) reach their third anniversary this weekend, only a tiny proportion of parents have so far cottoned on to the long-term investment potential of a stock market-based fund.
DESPITE their long and illustrious track record, investment trusts are often seen as the black sheep of the financial world, struggling to achieve parity with unit trusts and accused of being too complex.
TENS of thousands of Clydesdale Bank customers whose claims for payment protection insurance (PPI) compensation were rejected are in line for payouts, as the bank introduces a new handling procedure under orders from the regulator.
Almost one in three of people with a final salary pension will be lured out of it by the Chancellor's promise of being able to convert money purchase pensions into cash from next April, according to Glasgow-based company pensions specialist Hymans Robertson.