This follows a recent dispute between the building society and the Financial Ombudsman. Speaking after the publication of new building society legislation last week, which paves the way for the sale of Nationwide when it demutualises, Brendan Burgess warned members that their payouts could fall from €15,000 to around €5,000 as a result of the row.
This view is not shared by Irish Nationwide, whose spokeswoman said the recent dispute would not reduce the value...
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