MPPI

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.

The New Year did not start auspiciously for the Treasury simple products initiative and income protection insurance.

There appears to be confusion among consumers, some financial advisers and in particular claims chasing companies, when it comes to payment protection insurance (PPI) and income protection (IP).

In today's market, insurers need to explore other ways to protect consumers. Paul Walsh examines the industry's failures and options.

Tarred by the PPI mis-selling scandal, many lenders have dumped mortgage payment protection insurance propositions for short-term income protection products. However, Nicola Culley finds some brokers insisting there is a future for this ‘simple product...

The renting rise will fit "quite nicely" with the emergence of market-newby short-term income protection, Defaqto has said.

Mortgage payment protection and short-term income irotection specialist i:protect has said it is in talks with an unnamed charity partner to enter the group market through an online portal.

More than a quarter of mortgage advisers are unaware that from 6 April 2012 they will not be allowed to sell accident, sickness and unemployment (ASU) style insurance products, including PPI and MPPI, at the point of sale of a mortgage, according to LV=....

Tom Baigrie, managing director at protection specialists, Lifesearch, has unveiled its Protection Sellers Code of Conduct.

Lifesearch will be launching a protection seller's code of conduct proposal at its awards ceremony later today.