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PPI

Regulation

PPI redress soars to over £750m

The payment protection insurance (PPI) mis-selling scandal has cost the financial services industry more than three quarters of a billion in redress payments to customers in the first three quarters of the year.

clock 28 November 2011 • 1 min read

Regulation

Ombudsman signals higher levies as PPI claims soar

The Financial Ombudsman Service has hinted at higher levies for the industry as a result of another spike in payment protection insurance (PPI) claims.

clock 21 November 2011 • 1 min read

Regulation

FSA and OFT publish landmark guidance on designing PPI

The FSA and the OFT are consulting on guidance to firms in relation to payment protection products - the first time the FSA has become involved in the design of a specific product.

clock 01 November 2011 • 2 min read

uncategorised

Product development - A time to repair

When it comes to product development plans, health and protection providers need to stop repeating past mistakes and look to the future, says Wojciech Dochan.

clock 17 October 2011 • 4 min read

uncategorised

PPI sales restrictions take effect

The Competition Commission's first set of remedies for payment protection insurance (PPI) were introduced on Saturday.

clock 03 October 2011 • 1 min read

Income Protection

CI complaints spike in first half year

Complaints about critical illness (CI) have spiked sharply over the last six months, the FSA has reported.

clock 28 September 2011 • 1 min read

Income Protection

Short-term IP guide educates spooked PPI customers

A buyers' guide to short-term income protection (IP) and mortgage payment protection insurance (MPPI) has been launched to assist consumer awareness of the products.

clock 22 September 2011 • 1 min read

Service

Claims handling firms named and shamed after PPI sting

Claims management companies (CMCs) mislead claimants and frequently flout marketing rules, according to a mystery shopping exercise carried out by consumer group Which?

clock 21 September 2011 • 2 min read

PMI

FOS complaints remain low for PMI - data

Health Insurers were the subject of just 122 complaints to the Financial Ombudsman Service (FOS) in the first six months of this year.

clock 06 September 2011 • 1 min read

Individual Protection

Interview - Paul Broadhead

Paul Broadhead of the Building Society Association lays out his plan to revive the mortgage market to Paul Robertson.

clock 01 September 2011 • 7 min read
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