UK lenders could issue around £2.7 billion in payment protection insurance (PPI) refunds, it has been revealed.The Financial Services Authority (FSA) recently announced new guidelines which will...
Firms could face a collective bill of £3.2 billion for implementing the new set of payment protection insurance (PPI) regulations.The Financial Services Authority (FSA) has introduced new measur...
The Financial Services Authority (FSA) has announced a raft of measures aimed to help protect consumers who purchase and complain about payment protection insurance (PPI).The body has confirmed that a...
Savers have been dealt another blow after Northern Rock confirmed it has cut the rates on its Isas.The firm has announced that returns on its one-year, three-year and five-year Isas will all be reduce...
Tesco Bank has lost the personal details of customers who were complaining about being mis-sold Payment Protection Insurance (PPI), according to reports.Financial website thisismoney.co.uk has found ...
Lloyds TSB has been urged to re-consider its decision to stop selling Payment Protection Insurance (PPI).Earlier this week, the UK bank announced it would no longer sell the policies for any financia...
Lloyds Banking Group has confirmed it has stopped selling payment protection insurance (PPI).All of the firm's brands, including Halifax and Bank of Scotland, will no longer sell the policies for lo...
Banks are forcing consumers who have been the victims of PPI mis-selling to take their claim to the Financial Ombudsman Service (FOS).That is according to the FOS, which states that in many instances ...
The Financial Services Authority (FSA) has been criticised for its failure to realise the immense payment protection insurance (PPI) costs that were being levelled on consumers before banks and lender...
Over one-third of all consumers who contacted a UK debt charity last year had to be turned away as they were too poor to be helped, new research suggests.Despite record numbers of people contacting th...
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