Lloyds Banking Group
Regulation
The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms £4.3m for system failings, that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.
19 February 2013
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Regulation
Lloyds Banking Group has earmarked a further £1bn to pay customers who were mis-sold payment protection insurance.
01 November 2012
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Compliance
Lloyds Bank has announced that its payment protection insurance misselling has cost it a further £375m.
01 May 2012
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Insurer
Scottish Widows has revealed it is examining the possibility of re-entering the IFA protection market.
07 February 2012
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1 min read
PMI
Speak up when leader's leave of absence risks rumour disease, says Kay Williamson
24 January 2012
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2 min read
Regulation
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.
06 January 2012
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2 min read
uncategorised
Last year the government launched its consultation on simple financial products and a summary of responses has now been published.
07 November 2011
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3 min read
Regulation
It is perhaps not a little ironic that on the eve of deadline day for three major banking groups to resolve their pre-judicial review payment protection insurance (PPI) complaints, another possible ‘protection' mis-selling scandal is uncovered.
31 August 2011
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2 min read
Income Protection
Income protection (IP) sales have continued to slide despite an overall rise in the volume of term assurance products sold, according to Swiss Re.
14 June 2011
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2 min read
