View more on these topics

Government to combine consumer bodies

The Government is proposing combining its five consumer bodies in an intiative to improve consumer protection – the Financial Services Consumer Panel, National Consumer Council, Energywatch, Postwatch and Ofcom Consumer Panel.

Consumer Minister Gerry Sutcliffe says bringing together the five organisations, which will be called Consumer Direct, will provide a clearer, simpler and more effective voice for consumers and more help to tackle problems.

Ombudsmen will be better utilisied to help customers experiencing problems.

Sutcliffe says: Well informed, empowered consumers are a vital part of achieving fair, competitive markets. Consumer bodies provide an invaluable service but we have to make sure that consumers get help in an accessible and efficient way.

Consumer Direct is already rolling out across the country, providing consumers with help and advice on a range of issues. This consultation outlines the Government’s proposals to make consumer representation even more effective and accessible and I hope that anyone with an interest will let us have their views.”

Recommended

Pilot makes soft landing

A discretionary trust can potentially save a pension member’s death benefits from suffering IHT

Hartford locks in gains on unit-linked bonds

Hartford Life is offering inv-estors in its unit-linked investment bonds a guaranteed lock-in of gains in response to con- cerns about market volatility. The enhancements to the gold safetynet product mean that investors can lock in up to 10 per cent of their investment gains each year on the anniversary of taking the bond out. […]

Three stocks due a Brexit boost

By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment