Facebook says Apple refused to give up App Store fees for paid online events

Even though they are sort-of rivals, Facebook and Apple normally do not complain about each other’s policies. But in a rare moment, Facebook is calling out Apple for refusing to waive its 30% standard App Store fee in the new paid online events feature that the social media giant is bringing to small businesses. This … Read more

New PPI gold rush: Ruling on hidden fees may spark millions of fresh payout claims

New PPI gold rush: Ruling on hidden fees may spark millions of fresh payout claims… even from people who were happy with their policy Banks have forked out £38billion for mis-selling payment protection insurance Court rulings have found some policies ‘unfair’ due to hidden commission fees Commission accounted for more than 95 per cent of … Read more

New PPI gold rush: Ruling on hidden fees may spark millions of fresh payout claims

New PPI gold rush: Ruling on hidden fees may spark millions of fresh payout claims… even from people who were happy with their policy Banks have forked out £38billion for mis-selling payment protection insurance Court rulings have found some policies ‘unfair’ due to hidden commission fees Commission accounted for more than 95 per cent of … Read more

Purple Bricks looks to abandon cheap fixed fees and start charging fees

Purple Bricks looks to abandon cheap fixed fees and start charging estate agency fees from autumn Online estate agent Purple Bricks could change its flat fee pricing structure The agent announced plans for a pilot to test a ‘hybrid system’ in the autumn Planned pilot was set to launch in Spring but was delayed by … Read more

Call to axe rip-off retirement home fees in small print

Government urged to axe rip-off retirement home fees in small print as crackdown is delayed There are hidden fees for selling a deceased relative’s retirement home Many retirement property firms are taking between 1% and 30% of the proceeds Charity Age UK is calling for the fees to be scrapped altogether By Sarah Bridge for … Read more

Could your Sipp eat £11,000 more in fees than a rival?

The penny hopefully dropped some time ago on how high charges eat returns when we invest for retirement, but do investors also pay enough attention when it comes to drawing on their pension? The difference in investing a £250,000 pension pot for drawdown retirement income between the most expensive and cheapest providers would be £11,300 … Read more

Regulator puts a stop to pension switch fees 

Regulator puts a stop to pension switch fees amid fears of a mis-selling scandal By Daily Mail City & Finance Reporter Published: 21:50 BST, 5 June 2020 | Updated: 21:50 BST, 5 June 2020 The Financial Conduct Authority has banned lucrative incentives pocketed by financial advisers The City regulator has banned lucrative incentives pocketed by … Read more

Restaurateurs attack ‘greedy’ delivery firms for charging high fees

Restaurateurs attack ‘greedy’ delivery firms like Deliveroo, Uber Eats and Just Eat for charging up to 35% per item By Daily Mail City & Finance Reporter Published: 21:51 BST, 3 June 2020 | Updated: 22:38 BST, 3 June 2020 Food delivery giants are forcing restaurants to pay high commission rates and risk driving many out … Read more