UK Finance comment on FCA savings meeting

Following the Financial Conduct Authority's meeting on savings, David Postings, Chief Executive of UK Finance, said:

UK Finance and a number of our members had a constructive meeting with the FCA where we discussed a range of issues in relation to savings.

“The savings market is competitive, with a wide range of different accounts available to help people with their individual saving needs. We always encourage customers to shop around for the type of account that best suits them. 

“We look forward to continuing to work with the regulator on this important topic.

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