Payment protection insurance (PPI)

Conference may hold long term PPI answers

Tomorrow’s conference on banking regulation may provide some much needed clarity on the future handling of payment protection insurance (PPI) complaints, according to Paul Clark, CEO of Charter UK.

Calls for banks to settle PPI claims swiftly

The Financial Services Authority (FSA) has welcomed the decision by the British Bankers’ Association (BBA) and Nemo Personal Finance (Nemo) to accept the High Court’s dismissal of their legal challenge to the FSA’s payment protection insurance (PPI)…

Banks abandon PPI appeal

The British Bankers' Association (BBA) will not appeal the High Court judgment on the mis-selling of payment protection insurance (PPI).

Editor’s letter – May 2011

Judging by our reportage on regulation, the powers that be in Whitehall have no intention of relieving the pressure on brokers. This is despite the fact that the British Insurance Brokers’ Association (Biba) commissioned independent research that found…

Banks lose PPI legal challenge

The High Court has ruled in favour of the approach taken by the Financial Ombudsman Service (FOS) and Financial Services Authority (FSA) in the handling of payment protection insurance complaints.

PPI bill could hit £4bn

Jonathan Evans MP has raised the prospect that the overall liability for payment protection insurance (PPI) mis-selling could reach £4bn.

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