News Tag: merged
December 2, 2008
The Financial Services Authority (FSA) has introduced a rule which allows merged building societies to keep their separate compensation limit.
In the past, anyone with money in two building societies that merge could find only the first £50,000 of their savings protected.
It is hoped that the new level of protection will mean that people with savings that exceed £50,000 in ...
Building societies become safe haven for savers
by Kay Murchie
