Displaying items by tag: doublerdipping

Tuesday, 12 December 2023 08:51

Firms must halt ‘double dipping’ on cash savings

The FCA is cracking down on the practice of so-called ‘double-dipping’ by investment platforms and SIPP operators whereby they keep interest on customers’ cash balances and charge them a fee for doing so.

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interest
cash accounts
doublerdipping

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