Banks under fire over rip-off overdraft fees: FCA probe 'could see rates capped' - Ros Altmann
Ros Altmann

  • ROS ALTMANN

    Ros is a leading authority on later life issues, including pensions,
    social care and retirement policy. Numerous major awards have recognised
    her work to demystify finance and make pensions work better for people.
    She was the UK Pensions Minister from 2015 – 16 and is a member
    of the House of Lords where she sits as Baroness Altmann of Tottenham.

    • Ros Altmann

    Ros Altmann

    Ros Altmann

    Banks under fire over rip-off overdraft fees: FCA probe ‘could see rates capped’

    Banks under fire over rip-off overdraft fees: FCA probe ‘could see rates capped’

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    ThisisMoney website and Daily Mail newspaper report that the FCA is investigating the enormous increase in interest costs for bank customers using arranged overdrafts. Ros has called for this to be reviewed urgently as rates are egregiously high. (link to pdf)

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