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News and views on topical issues from BSA staff and guests.
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27 February 2019
Michael Fotis, founder of Smart Money People discusses their report published today, entitled Buildings Societies vs Banks. The report examines customer experience across savings and mortgages through the customer feedback left on the Smart Money People website in 2018.
26 February 2019
The traditional cheque has enjoyed an illustrious history since its inception in the late 17th century. Whilst volumes have steadily fallen during the 21st century, the cheque is far from dead, and in fact, just fifteen months ago, this resilient payment instrument perhaps underwent its most significant revamp to date, as the first phase of the highly anticipated Image Clearing System (ICS) came into effect.
06 February 2019
Ten years ago as a newly arrived member of the BSA team I wrote my first BSA article for public consumption. The subject was financial abuse.
Sadly, I did still expect to be writing about financial abuse ten years later – or “Economic abuse” to use its new name. However, writing in 2019, it is pleasing to report some significant progress in tackling abuse and supporting abuse victims.
31 January 2019
Following on from their graduation event late last year, the first cohort of the BSA MSc Leadership & Management programme enjoyed a second evening of celebration, this time in central London.
A little history, and the plans for the year ahead as we celebrate the BSA's 150th 'birthday'.
30 January 2019
In an evening of celebration, Michael Kozlowski, Balance Sheet Strategist at Yorkshire Building Society was awarded with the coveted CertBALM qualification as well as the award for Outstanding Academic Achievement.
Earlier this month the 2019 British Bank Awards finalists were revealed. Building societies are recognised across all relevant awards, in a lineup that compared more than 160 financial firms in 25 categories.
Independent research carried out by YouGov between 11- 14 January 2019 shows that building society members receive better service compared to customers of banks and other providers.
19 December 2018
Taxpayers are not being treated fairly a House of Lords committee has concluded. HMRC Powers: Treating Taxpayers Fairly says that recent powers provided to HMRC undermine the rule of law and hinder taxpayers' access to justice. The Economic Affairs Committee calls for the oversight of HMRC and its powers to be reviewed.
Monday 17 December was a day of massive pride and celebration as the first cohort of students on the BSA/Loughborough University MSc programme graduated after three years of study.
26 November 2018
A new research paper from the Bank of England finds that building societies charged lower mortgage rates than banks and specialist lenders, indicating ownership type can have an important effect on outcomes in the mortgage market.
21 November 2018
Building societies stole the show at the Mortgage Finance Gazette Awards 2019: eight took home awards whilst fourteen Societies achieved highly commended status.