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PPI

Woman worried on the phone

Firm fined over bad PPI sales

Mutual society Liverpool Victoria has been fined £840,000 for pressurising people to take out PPI over the phone. Read more

Compensation claims hit £1 billion

More than £1 billion of compensation has been paid out to financial consumers in the past seven years, official figures reveal. Read more
Couple receive advice

Mortgage advisers offering inadequate advice

An undercover investigation has found that just four in 50 mortgage advisers are doing their jobs properly, with the remainder offering inadequate advice to buyers. Read more
Padlock

Protection product for cash-strapped consumers launched

A new insurance product claims to offer protection against almost any eventuality modern life can throw at you. Read more
Man with keyboard

Financial watchdog launches PPI comparison service

Borrowers looking to take out payment protection insurance are now able to compare policies using impartial comparison tables from the financial watchdog. Read more

Claims management companies target PPI policyholders

Consumers have been urged to avoid using claims management companies for PPI claims as experts warn their fees could leave many out of pocket. Read more
Decayed life ring

Consumers overcharged for PPI by £1.4 billion

Banks are overcharging borrowers taking out payment protection insurance (PPI) by over £1.4 billion each year, an official investigation has today revealed. It now proposes a ban on the sale of this expensive insurance cover. Read more
Paper chain

Two million PPI policies offer no protection

The number of mortgage and banking disputes have more than tripled while insurance complaints have doubled. Meanwhile, it is feared that two million PPI policies offer no protection to those they were sold to. Read more

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