PPI

PPI claims up by two-thirds thanks to Schwarzenegger campaign as people ditch claims firms

A majority of consumers are now making Payment Protection Insurance (PPI) compensation claims directly to lenders rather than to claims management companies, according to the financial watchdog, the Financial Conduct...

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One-year countdown to PPI claims deadline begins

Consumers are being urged to check if they are owed money, with just one year to go until the deadline for Payment Protection Insurance (PPI) compensation claims can be made.

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FCA consults over fairer treatment of ‘regular premium’ PPI complaints

The Financial Conduct Authority (FCA) has published a consultation paper proposing new guidance on how certain payment protection insurance (PPI) complaints should be handled.

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PPI complaints rise by 40%

Complaints about payment protection insurance rose by 40% during the second half of last year, according to new figures from the Financial Conduct Authority.

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PPI is the most complained about financial product

New figures from the Financial Ombudsman Service (FoS) reveal that mis-sold Payment Protection Insurance (PPI) was the most complained about product in the six months to 31 December 2017.  

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RBS and other banks increase provision for PPI claims

Royal Bank of Scotland (RBS) is the latest bank to set aside further cash to fund compensation for victims of the PPI scandal.

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Lloyds increases dividends despite further PPI payouts

Lloyds Banking Group set aside another £1.65 billion to compensate the victims of the PPI scandal during 2017, on the back of increased customer complaints.

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The top 10 most complained about financial products revealed

Consumers have stepped up their efforts to complain about mis-sold PPI (payment protection insurance), which overwhelmingly remains the most complained about financial product.

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Funny money: “A doer, not a talker” – why Arnie was chosen for PPI campaign

Adverts can be like Marmite – you either love them or hate them, but even those who dislike the new Arnold Schwarzenegger PPI campaign are getting the message.

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Fight for your rights: Don’t get caught by dodgy PPI claims companies

The City watchdog is spending millions on warning people that they have just two years (until 29 August 2019) to claim for compensation for being mis-sold useless payment protection insurance (PPI).

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