In a surprising turn of events, Saga, the organization dedicated to serving the needs of those over 50, has decided to cut off communication with long-time customer Graeme Forsyth. This decision came about when Saga informed lifetime subscribers that they would no longer receive hard copies of the monthly magazine they had originally subscribed to. Instead, Saga is offering a free digital version of the magazine, which includes an interview with Sigourney Weaver. While Saga claims that the majority of customers have accepted this change, there are many, like Graeme, who feel cheated by the company’s action.
Graeme, along with many other readers who have contacted me, believe that Saga should honor their promise of providing hard copies for life. Graeme has even started a petition, which has already gained over 1,000 signatures, in an effort to persuade Saga to change their stance. Despite his efforts, Saga has responded by stating that they are fulfilling their obligations by offering a digital version of the magazine.
It is baffling why Saga has taken such a strong stance on this issue. If I were in charge, I would reverse this decision and honor the original agreement made with customers. By standing firm, Saga risks damaging its reputation and losing the trust of its loyal subscribers.
On another note, many readers have also raised concerns about the steep increases in insurance premiums demanded by Saga. Yvette Van Lierde and Derek Brown, both Saga customers, have experienced significant price hikes when renewing their policies. Yvette’s annual premium has almost tripled, and Derek’s has more than doubled. These increases seem unjustifiable, especially considering the lack of claims or accidents on their records.
In other news, Barclays is set to close several branches, including ones in Wokingham and Windsor. This is yet another blow to face-to-face banking, leaving fewer options for those who prefer traditional banking methods.
Lastly, there has been progress in the legal case against car finance companies Lloyds, Santander, and MotoNovo. The case, brought by consumer advocate Doug Taylor and litigation specialist Scott+Scott, could result in payouts totaling £1 billion for over a million motorists who were overcharged for car loans between 2015 and 2021. Those affected need only wait for the outcome of the case, as all eligible borrowers will be included in the action.
In more positive news, the prize rate for Premium Bonds will increase from four to 4.65 percent starting in September. This is a welcome change for avid Premium Bond fans, although I must clarify that I did not personally influence this decision. Credit should be given to Dax Harkins, the CEO of National Savings & Investments, for responding to calls to increase the prize rate.
Please note that some links in this article may be affiliate links, and clicking on them may result in a small commission for us. However, we do not write articles with the intention of promoting products, and our editorial independence remains unaffected by any commercial relationships.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
