News 

Banks could be forced to open more bank branches to protect elderly from ‘financial exclusion’

“Banks could be forced to open more bank branches to protect elderly people struggling to access financial services because of closures, MPs have said” writes David Campbell Bannerman for telegraph.co.uk. The Treasury committee has opened an inquiry into the “financial exclusion” of vulnerable customers, including older people.It will examine whether banks should have a “duty of care” to protect them.Wes Streeting, the Labour MP who sits on the committee, said: “Increasingly, pensioners across the country are worrying about bank branch and cash machine closures. “People rely on going to a branch, they expect to talk to a person.
 
Source: telegraph.co.uk



Share This:

Related posts