Financial Conduct Authority Consultation PAper - CP 20/01 'Introducing a Single Easy Access Rate for cash savings'

  • John Ashton (Cyfranogwr)

Effaith: Economegol

Disgrifiad o Effaith

Past academic work repeated cited and commented on in a FCA consultation document.

Crynodeb Effaith ar gyfer y Cyhoedd

Work undertaken at Bangor University has been used to imform policy use to save bank customers money.

Disgrifiad o'r ymchwil sylfaenol

The work uniquely quantifies the costs of the loyalty penalty for UK cash savings cusotmers.

Buddiolwyr a cyrhaeddiad effaith ymchwil

Around 94% of the UK population use the cash savings market. This policy measure will provide financial benefits to these beneficiaries of approximately £300m annually.
Statws effaithCyfredol
Dyddiad effaith9 Ion 2020
Categori effaithEconomegol
Lefel yr effaithYmrwymiad

Cynnwys cysylltiedig