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Lenders must ensure they are dealing with Payment Protection Insurance (PPI) complaints correctly ahead of the 2019 deadline or face action, the industry regulator has warned. Consumers have less than two years left to complain about mis-sold PPI after the Financial Conduct Authority (FCA) imposed a deadline on all new complaints.
29 September 2017

Lenders must ensure they are dealing with Payment Protection Insurance (PPI) complaints correctly ahead of the 2019 deadline or face action, the industry regulator has warned.

Consumers have less than two years left to complain about mis-sold PPI after the Financial Conduct Authority (FCA)... Read more

Complaints to the Financial Ombudsman Service (FOS) regarding Payment Protection Insurance (PPI) increased by over ten thousand cases in the first half of 2017, according to latest figures. PPI continues to dominate the Ombudsman’s workload, making up over half of all new complaints received, which across all categories rose by 13% when compared to July-December 2016.
19 September 2017

Complaints to the Financial Ombudsman Service (FOS) regarding Payment Protection Insurance (PPI) increased by over ten thousand cases in the first half of 2017, according to latest figures.

PPI continues to dominate the Ombudsman’s workload, making up over half of all new complaints received, which across all... Read more

Lloyds Bank former Chief Executive Eric Daniels has filed a legal claim in an attempt to reclaim bonus payments taken away from him at the height of the Payment Protection Insurance (PPI) mis-selling scandal. Daniels ‘played a central role’ in the run-up to Lloyds being bailed out by the taxpayer in the financial crisis of 2008 and oversaw the sale of PPI policies, which he maintained were mostly sold correctly.
14 September 2017

Lloyds Bank former Chief Executive Eric Daniels has filed a legal claim in an attempt to reclaim bonus payments taken away from him at the height of the Payment Protection Insurance (PPI) mis-selling scandal.

Daniels... Read more

The top 20 banks in the world paid more than a quarter of a trillion pounds in misconduct charges over the last five years, according to new research. This means that in the last decade the biggest financial lenders across the globe have lost a staggering £516bn to fines, charges and compensation.
7 September 2017

The top 20 banks in the world paid more than a quarter of a trillion pounds in misconduct charges over the last five years, according to new research.

This means that in the last decade the biggest financial lenders across the globe have lost a staggering £516bn to fines, charges and compensation.

... Read more

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