Savers 'losing €5bn a year from low rates paid by the banks'
Savers are losing out on billions of euro annually due to low interest rates being paid by banks.
Source: independent.ie
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Irish savers losing out on €5bn per year due to 'paltry' deposit rates
Nearly €140 billion of demand deposits earn as little as 0.04 per cent to 0.28 per cent in interest
Source: businesspost.ie
The Morning Briefing: FOS redress for consumers and tax-free income for retirees
Good morning and welcome to your Morning Briefing for Tuesday 24 May, 2022. To get this in your inbox every morning click here. FOS secures £22m for consumers The Financial Ombudsman Service (FOS) has secured up to £22m in redress for customers following the launch of a settlement initiative. The Ombudsman launched
Source: moneymarketing.co.uk