'Packaged account' rules proposed

AOL Money Staff
Money coming out of an ATM
Money coming out of an ATM

The Financial Services Authority (FSA) has proposed new rules to stop banks and building societies selling customers insurance cover along with a bank account which turns out to be "useless".

The proposals relate to the selling of "packaged accounts" - current accounts which are bundled up to include extras like insurance policies and products such as ticket discounts.