FCA to probe 'teaser' saving rates

Press Association
Cash
Cash

The use of introductory rates to tempt savers is to be reviewed by the financial regulator as part of a wider study into the £1 trillion cash savings market.

The Financial Conduct Authority (FCA) wants to assess whether competition is working in the best interests of consumers, particularly in terms of them getting the best returns possible and information to meets their needs.
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