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The Independent UK
The Independent UK
Business
Vicky Shaw

City regulator analysing savings providers’ ‘fair value’ assessments

PA Archive

The City regulator says it is analysing information provided by some banks and building societies on the value offered by their savings products.

It follows the introduction of the new Consumer Duty in July, which requires firms to ensure the products and services across their range deliver fair value to their customers and act if they do not.

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