PPI? Surely that’s all over and done with – and anyway isn’t the deadline for claims in just a few weeks?
Blog Category: PPI
The great British PPI scandal is finally drawing to a close – 114 days and counting before the August PPI claims deadline – but there are still millions of pounds to be claimed for policies mis-sold over decades.
With less than six months to go before the PPI claims deadline GB continues to win life-changing amounts of money for our clients with top spot for April going to a client who received over £110,000 for three successful claims.
With just four months to go before the PPI claims deadline Lloyds Banking Group (LBG) have added another £100 million to their PPI compensation pot.
New figures released by the Financial Conduct Authority (FCA) show that, more than a decade after the first warnings were sounded about the PPI scandal, more than 3.3 million consumers made a new complaint in 2018.
Britain’s financial watchdog has warned insurers about over-charging and selling inappropriate products as it tightens the rules on the way insurance is sold in the UK.
Thousands of Brits could be owed hundreds of pounds by the taxman after having a successful PPI claim.
This month’s Top 20 payouts from Gladstone Brookes are good examples of how much money is payable on just a single claim with no fewer than 9 out of 20 receiving compensation on a single policy.
Huge jump in PPI payouts
Figures released by the Financial Conduct Authority (FCA) show a massive £72.7 million increase in the amount of PPI compensation paid out in January over the figure for December last year.