Announced on the 29th January 2020, click below to view the results of the Moneyfacts Consumer Awards 2020.
Totally independent, the Moneyfacts Consumer Awards combines over 30 years of Moneyfacts’ expertise with your opinion as the all-important customer. Giving over a hundred thousand customers a voice, the results enable use to distinguish companies that offer great products alongside excellent customer service.
If you are interested in participating in the next consumer survey with the chance to win one of three £1000 prizes, please sign up to the Moneyfacts.co.uk newsletter (follow the link at the bottom of the page) to ensure you are one of the first to receive a survey link. Terms and conditions apply.
The winners of the 2020 Moneyfacts Consumer Awards will be announced on the 29th January 2020 at an exclusive event at the Royal Lancaster Hotel in London. Industry professionals from leading financial services and utility providers will discover who will walk away with the winning titles.
Stage 1: Shortlists for these awards are first assessed by our highly-qualified research team who, using a strict set of criteria, drill down into the small print of each provider’s product range to measure their technical strengths and weaknesses. Only the companies that offer the best products go on to form the shortlist. To ensure that products are being properly considered for all data-specific categories, providers are urged to ensure that Moneyfacts holds relevant and fully up-to-date information at all times, where relevant.
Stage 2: The shortlists are then tested in our consumer surveys, which cover personal, household and family finance. The consumers score the providers that they have had experience with in each relevant category. This second stage helps to decide the overall result, so the consumer contribution really influences who comes out on top.
The University of East Anglia (UEA) was commissioned to independently verify the customer service survey and analysis process of the Moneyfacts Consumer Awards. Summarising their analysis, they said: “We find the data collection procedure through the survey satisfactory. The process is transparent and is detail-oriented enough to avoid issues that could have risen in the future. The survey data is prepared and cleaned for the final analysis in a commendable manner. A standard industry practice is followed correctly in preparation of the survey score.”
With over 180,000 consumers completing the awards survey for the January 2020 awards, survey entries closed on Friday 15 November 2019. Thank you to those that took the time to have your say. Interested in voting in the next awards? Subscribe to the Moneyfacts.co.uk newsletter below to be among the first to receive a survey link.