PPI

When Barclays tried to flog PPI to Lord McFall

IFAonline | 31 Jan 2012 | 12:20

The payment protection insurance (PPI) debacle has been one of the biggest cases of mis-selling in history, but this story shows just how ambitious some bank advisers selling the policies were...

mcfall-lord-john-wric
Twisting fifty pound notes between hands until water is rung out

FSCS spent nearly £400m on management expenses last year

The Financial Services Compensation Scheme (FSCS) spent nearly £400m on management expenses in the 2010/11 year as it took in nearly £1bn in levies and paid out over £535m in compensation.

Cover | 30 Jan 2012 | 14:51
shutterstock-57677713

Protection products most complex - ABI

Critical illness (CI) and mortgage payment protection insurance (MPPI) are among the most complicated financial products for consumers to understand, the ABI has found.

Cover | 30 Jan 2012 | 13:15

Other PPI articles

fscs-1

FSCS warns of commission-led claims management firms

The Financial Services Compensation Scheme (FSCS) is warning consumers against using claims management companies to retrieve money from mis-sold payment protection insurance (PPI).

Cover | 29 Jan 2012 | 23:10
20110405-falcon-heavy

PPI redress soars to new high

Payment Protection Insurance (PPI) redress totals have reached a new peak after payments rocketed by more than £100m in just one month.

Cover | 26 Jan 2012 | 14:50
protection-ad

Protection Watch...with Kevin Carr

Our protection detective gives his verdicts on five key developments in the industry this month.

Professional Adviser | 26 Jan 2012 | 08:00
martin-wheatley-sfc

FSA successor to protect 'irrational' investors

Investors cannot be counted on to make rational choices so regulators need to "step into their footprints" and limit or ban the sale of potentially harmful products, the head of the UK's new consumer protection watchdog said.

IFAonline | 25 Jan 2012 | 08:20
mervyn-king-boe

This week’s news… condensed

The pick of this week's articles on IFAonline...

IFAonline | 20 Jan 2012 | 14:15
change11

Product design - Time for a change

How hard is it to design disability-based protection products in 2012, asks Andy Milburn.

Cover | 17 Jan 2012 | 12:21
Woman shopping on smartphone

FOS complaint load swells as PPI gripes rocket

The Financial Ombudsman Service (FOS) saw a near-60% rise in complaints relating to payment protection insurance (PPI) in the final three months of 2011.

IFAonline | 17 Jan 2012 | 07:45
spy-us-briefing

FSA breaks mystery shopper promises

The Financial Services Authority (FSA) has not used mystery shoppers for at least 18 months, despite a promise from Hector Sants that the regulator would make more use of the tactic.

IFAonline | 12 Jan 2012 | 07:10
peter-le-beau-1

Market views - Government interference

With white papers due this year on long-term care (Dilnot Review), sickness absence and also the Treasury’s work on simple products, how much explicit help (not just macro changes to benefits and the NHS) would you want the government to give the industry?

Cover | 10 Jan 2012 | 16:30
handing-over-british-money

Top PPI mis-sellers face £55m costs

The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.

Cover | 06 Jan 2012 | 14:53

Viewpoints

In Focus

Latest jobs

Coffee Lounge