Tag Archives: Banking

Research from the Social Market Foundation shows that the public largely thinks that business is falling short on its social responsibilities and putting profits ahead of purpose. Yet people have...

The Social Market Foundation said that new “consumer duty” rules being introduced by the Financial Conduct Authority should drive financial services firms to improve the way they offer support to...

A report of the first meeting of the All-Party Parliamentary Group for Best Brexit. The meeting took place on Monday 14 November 2016 at Committee Room 6, House of Commons.

Consumers are getting better value for money from their current account and benefiting from a more competitive market according to a new report from the Social Market Foundation (SMF) published today.

A new Social Market Foundation (SMF) report, Fixing Family Finances, examines the problem of financial capability in Great Britain at a household level and assesses whether social and family ties can be used to reduce the impact of individuals’ low financial capability.

New research reveals that high street bank branches remain essential to Britons in the management of their money, with nearly two-thirds of consumers (63%) preferring to talk to someone face-to-face when making a big financial decision.

A new study entitled Working Well: How employers can improve the wellbeing and productivity of their workforce, from the Social Market Foundation think-tank conducted in partnership with financial employee benefits provider Neyber, finds that one in eight workers (13%) report that money worries have affected their ability to concentrate at work. The study shows low financial resilience is a significant cause of stress across the UK workforce.

A new Social Market Foundation report entitled Should switch, don’t switch: Overcoming consumer inertia, supported by comparethemarket.com, launches at the Conservative party conference on Monday.

In the report, Playing the Field: Consumers and competition in banking, the SMF finds that ‘multi-bankers’ embody a new form of competition in the British banking sector. These consumers are shopping around, trying out different options and forcing banks to offer them better value to retain their custom