moneysupermarket.com: Thoresen Review

Commenting on the Thoresen Review,Kevin Mountford, head of savings at moneysupermarket.com, said: "We are firmly supportive of any initiative that aims to improve levels of financial literacy – even the simplest of products, such as basic savings and current accounts can sometimes be baffling. This is especially true in today's price led environment where providers are balancing the need to offer attractive customer rates whilst managing margins. This often results in the introduction of either more product features being introduced or perhaps terms and conditions that can be difficult to spot.

"I particularly support Otto Thoresen's belief that comparison sites can be a useful tool in which to help deliver the service. Millions of users visit our site every month, not only to find the best deals but to read our news stories and view our videos on the latest developments in mortgages, savings, current accounts, loans or credit cards.”