People who are still waiting to receive compensation from a payment protection insurance (PPI) mis-selling case have been assured that they will get their money eventually. The number of claimants has grown sharply in the past few months and the Financial Services Authority (FSA) recently revealed that a record number of payouts had been made in November 2011. A total of £379 million was issued to Britons who felt they had been sold insurance packages unfairly during the month. Now, the FSA has urged all other claimants to be patient, as the sheer number of cases means the organisation and other claims management firms are stretched to the limit. Speaking to the Sheffield Star, an FSA spokesperson commented: "People will get their money, the FSA is very much on the case. But we want it done in a way that's right and not rushed." The body has put strict deadlines in place for banks to deal with PPI cases and these appear to be being met so far.Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk/search.aspx number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office. Registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.
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