High street banks 'over-charging' for will writing services.

By Myra Butterworth, Personal Finance Correspondent

High street banks have agreed to reform the way they sell will-writing and executor services following concerns that people do not understand the high costs of these services.

A survey by the Office of Fair Trading found that 43 per cent of people appointed their will-writer or solicitor as their executor – the individual who sorts out a person’s finances after they die.

Activists Occupy High Street Banks in UK.

Protesters have been holding demonstrations outside high street banks around the UK and have succeeded in occupying a number of branches in the biggest direct action to date against proposed changes to the NHS.

The national protest, designed to draw attention to the banks' role in creating the deficit, is being spearheaded by the anti-austerity campaigning group UK Uncut, which has been were joined by trade unionists and others.

Activists dressed in doctors' coats and armed with fake blood had planned to enter branches and set up mock hospitals and "operating theatres". Instead they mostly staged their protests on the streets outside when branches were closed or police kept them out.

Lloyds Banking Group.

Lloyds Banking Group, Royal Bank of Scotland and HSBC are coming under pressure to follow Barclays after it said this week that it will compensate customers who were mis-sold payment protection insurancethousands of (PPI) on a no-quibble basis.

Barclays, which has set aside £1bn to cover the redress programme, said anyone who had complained on or before 20 April would have the complaint settled in full as a "gesture of goodwill". Peter Vicary-Smith, chief executive of consumer group Which?, called on the other banks to follow Barclays' lead.