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Pru could be forced to change Egg name

Prudential could be forced to rename its Egg account because its status as an instant access account is under question only two weeks after its launch.


The OFT and Advertising Standards Authority are investigating product literature sent to Egg customers.


The consumer watchdogs are looking at a clause in the savings accounts which allows the bank to change the notice period for withdrawing money from instant access to 60 day notice without telling customers.

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