Sentence examples for caps on charges from inspiring English sources

The City regulator is being urged to impose caps on charges for unarranged overdrafts to stop financially vulnerable customers being ripped off by their banks.

But one pension firm said the government's cap on charges could make providers more choosy about who they offered the best deals to.

We are investigating how to remove barriers and we are considering now a cap on charges.

There will be a "cap" on charges for unarranged overdrafts but each bank can set its own rate.

However Andy Bell, chief executive at pension specialists AJ Bell was disappointed that the Chancellor failed to introduce a ban, rather than a cap, on charges.

Although there is no cap on charges, pension providers have been encouraged to keep costs down, with some charging members less than 0.5% for annual management.

The report stopped short of recommending a cap on charges, on the grounds that it could reduce availability of credit to those who need it most.

"We were hoping to see a cap on charges phased in over three years while social lenders build up their capacity to offer alternative forms of finance".

But these firms are already shouldering a weight of regulatory and legislative change, not least of which are the pensions reforms, which could include a cap on charges".

In a move that has angered financial advisers, and leapfrogged Labour party proposals, Webb will on Wednesday launch a consultation paper that proposes the 0.75% cap on charges on the £275bn currently sitting in workplace pensions.

But you still need to remain vigilant for another 20 months as the ban on data roaming charges doesn't come in until 15 June 2017 – although an interim cap on charges will take effect from 30 April next year.