This petition was submitted during the 2010-2015 parliament
Petition Ban the finance industry from charging fees from capital.
More details
Ban the finance industry from charging any fees on an individuals investment capital. All fees and charges should only come out of interest earned or capital growth. The original capital amount should be protected. If the value of a fund suffers a reduction , in any given financial year, then fees should be paid to the individual( negative fee payment).
This should put an end to the common practice of front loading charges and the corresponding reduction of pension-pots etc. It will also end the practice of awarding greedy bonuses, commissions and other back-handers all paid for by Joe Public out of their hard earned pensions/savings. All of which amounts to legalized theft.
This petition is closed This petition ran for 6 months
4 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response