On 22 December 2014, the Competition and Markets Authority (CMA) published a notice of intention to conduct a quantitative sample survey of personal current account (PCA) customers as part of its retail banking market investigation. The CMA has now published a further notice on the technical details of the methodology it proposes to use for its survey.
With regards to the methodology, the notice concerns:
- survey parameters. The target population for the CMA survey will be all adults who have a PCA within the UK;
- sample design. The survey will comprise approximately 5,000 telephone interviews; and
- fieldwork. Telephone interviews will take approximately 20 minutes on average.
The deadline for responses to the notice is 20 January 2015.
Separately, the CMA has also published a document setting out the draft survey questionnaire. The deadline for comments to the draft questionnaire is 21 January 2015.
View Personal current account customer survey methodology, 15 January 2015
View Draft PCA survey questionnaire, 16 January 2015
