Category Archives: PPI Latest
SECURITY WARNING – PPI TRICKSTERS
A bulletin from Operations Manager at RBC MON£Y - Gary Hamilton. Today, we have been informed that there is a national scam relating to mis-sold PPI and Read the rest…
Will the banks pay back missoldppi quickly and easily?
The Financial Services Authority said banks, credit card companies and direct loan providers must send “clear” and “jargon-free” letters to all customers who are likely to Read the rest…
PPI payouts hit monthly record, FSA says
Some £379m was paid in compensation in November 2011 to people who were mis-sold Payment Protection Insurance (PPI) – the highest total of any month. This Read the rest…
Taxman to make money from Payment Protection Insurance
Millions of people are facing an unexpected tax bill on their Payment Protection Insurance (PPI) claims payouts, the BBC has learned. The banking industry has set Read the rest…
Barclays Bank boss Bob Diamond warns of ‘social unrest’
Barclays chief executive Bob Diamond has warned of “social unrest” unless the UK generates more growth and jobs. “From riots in Greece to protests at St Read the rest…
Welcome Finance PPI Claims
The Financial Services Compensation Scheme (FSCS) has taken over claims against Welcome Finance for mis-selling Payment Protection Insurance (PPI). The FSCS found that Welcome Finance, part of the Read the rest…
Liverpool Victoria fined for mis-selling PPI
Liverpool Victoria was fined £840,000 by the Financial Services Authority (FSA) for breaching regulations when selling almost 15,000 payment protection insurance (PPI) policies between 2005 and Read the rest…
Record fine for Alliance & Leicester for mis-selling PPI
Alliance & Leicester has been fined a record £7m by the City watchdog for three years of mis-selling sales of payment protection insurance (PPI). The Read the rest…
FOS call for more action by regulators over mis-sold PPI
This year the FOS has been deluged with complaints about mis-sold PPI policies, and is upholding the majority of them. A spokesman said the FOS had Read the rest…
