Articles tagged "PPI"

Millions to be taxed on their PPI compensation

News by Ruth Jackson
Millions of people who were mis-sold payment protection insurance will be taxed on their compensation.

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Johanna Gornitzki's picture

Watch out for the PPI scam

By: Johanna Gornitzki on Nov 29th, 2011

If you’ve found yourself watching daytime television recently, the chances are you’ve seen an advert for how you can claim compensation for mis-sold payment protection insurance (alongside Stannah stair lifts and funeral plans).

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Sharp drop in PPI complaints

News by Nathalie Bonney
The number of payment protection insurance complaints has dropped sharply in the last quarter, according to data from the Financial Ombudsman Service.

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Lloyds is most complained about bank

News by Nathalie Bonney
Nearly 20,000 complaints about Lloyds Bank were received by the Financial Ombudsman Service (FOS) in the first half of the year.

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PPI payouts reach £215 million

News by Nathalie Bonney
Banks have paid out £215 million in payment protection insurance compensation between January and June 2011, Financial Services Authority figures show.

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Banks struggling to process PPI claims

News by Ruth Jackson
Many banks are still struggling to hit their targets to deal with payment protection insurance complaints, despite an extension from the Financial Services Authority (FSA).

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PPI fiasco dominates complaints data

News by Nathalie Bonney
Payment protection insurance (PPI) complaints make up the overwhelming majority of complaints to the Financial Ombudsman (FOS).

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RBS and Lloyds refuse no quibble PPI payouts

News
Royal Bank of Scotland and Lloyds Banking Group will not follow in the footsteps of Barclays and offer automatic payment protection insurance payouts, it has been revealed.

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Barclays promising 'no quibble' PPI payouts

News by Nathalie Bonney
Barclays has promised to pay out some of its customers' payment protection insurance complaints on a quibble-free basis.

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PPI complaints at an all-time high

News by Rebecca Rutt
Complaints to the Financial Ombudsman Service shot up by a quarter last year, with over half of the complaints relating to payment protection insurance

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