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2017 has been a busy year of developments in the Payment Protection Insurance (PPI) mis-selling saga. As the year draws to a close, we look back over the last twelve months and review the major developments.
7 December 2017

2017 has been a busy year of developments in the Payment Protection Insurance (PPI) mis-selling saga. As the year draws to a close, we look back over the last twelve months and review the major developments:

 

3 million people lose their chance to check

The start of 2017 was bad news for millions of people, as... Read more

Latest figures from the Financial Conduct Authority (FCA) show that August was the biggest month of 2017 for Payment Protection Insurance (PPI) compensation payouts.  Over £270m was paid back to UK consumers mis-sold PPI during the period, representing the biggest monthly outlay by financial institutions since April 2016.
1 December 2017

Latest figures from the Financial Conduct Authority (FCA) show that August was the biggest month of 2017 for Payment Protection Insurance (PPI) compensation payouts.

Over £270m was paid back to UK consumers mis-sold PPI during the period, representing the biggest monthly outlay by financial institutions since April 2016.

It brings the... Read more

Complaints about Payment Protection Insurance (PPI) are at a three year high according to the latest data from industry regulator the Financial Conduct Authority (FCA). Over a million cases were reported to banks and lenders in the first half of 2017, an increase of almost a quarter on the previous six months.
8 November 2017

Complaints about Payment Protection Insurance (PPI) are at a three year high according to the latest data from industry regulator the Financial Conduct Authority (FCA).

Over a million cases were reported to banks and lenders in the first half of 2017, an increase of almost a quarter on the previous six months.

Not since... Read more

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