Read the latest news and updates from the PPI PPI claim’s sector including Plevin ruling, PPI awareness campaign, PPI deadline, issues, high commission claims and the latest on the provisions and preparations the PPI culprits are currently making to address the UK’s costliest financial misselling scandal ahead of the looming PPI claims deadline.
Find below news articles and commentary as it happens, covering all aspects of PPI claims from the UK’s leading news sources.
Lloyds Bank shares: 3 risks you need to know about - Motley Fool UK
23rd January 2019
Lloyds Bank shares: 3 risks you need to know about Motley Fool UKLloyds Bank (LSE: LLOY) is a stock that divides opinion. On the one hand, there are plenty of investors who believe it offers considerable value at its current ... ...To Make-Whole … or Not - Lexology
22nd January 2019
To Make-Whole … or Not LexologyOn January 17, 2019, a three-judge panel of the United States Court of Appeals for the Fifth Circuit reversed, in part, and vacated, in part, a… ...Backlog of financial ombudsman cases grows to 30,000 | Business - The Guardian
22nd January 2019
Backlog of financial ombudsman cases grows to 30,000 | Business The GuardianWhistleblower tells MPs number of claims not yet allocated case officer has risen threefold since 2016. ...FOS funding must change as PPI claims fall - Money Marketing
15th January 2019
FOS funding must change as PPI claims fall Money MarketingThe way the Financial Ombudsman *Service* is funded will need to change as its PPI case load diminishes says FCA chairman Charles Randell. ...PPI NEWS UPDATE – DECEMBER 2018 - Gladstone Brookes
20th December 2018
PPI NEWS UPDATE – DECEMBER 2018 Gladstone BrookesThe total amount of compensation paid for the mis-selling of PPI by Britain's financial industry has broken the £33 billion barrier. The Financial Conduc... ...Britain’s ‘bad bank’ sets aside £44.1 million for PPI - Gladstone Brookes
4th December 2018
Britain’s ‘bad bank’ sets aside £44.1 million for PPI Gladstone BrookesBritain's 'bad bank' has set aside another £44.1 million to pay out future successful PPI claims.UK Asset Resolution (UKAR) is the bank created by the ...Banks face claims blitz over variable rate mortgage charges - Sky News
4th December 2018
Banks face claims blitz over variable rate mortgage charges Sky NewsBritain's biggest banks are facing a *fresh* deluge of compensation claims from a campaign targeting mortgage customers who may have been overcharged ... ...Is there a cap on PPI claim commission? - iNews
27th November 2018
Is there a cap on PPI claim commission? iNewsI have heard the news that there is a cap of 20% on how much a payment protection insurance (PPI) claims company can charge. I haven't had my claim come ... ...Banks face fresh wave of PPI claims after middlemen take millions from victims - Mirror Online
24th November 2018
Banks face fresh wave of PPI claims after middlemen take millions from victims Mirror OnlineWatchdogs say consumers could be entitled to get cash back from specialist firms that took a 25-30 per cent cut of payouts. ...PPI compensation shame for RBS | Money - The Times
24th November 2018
PPI compensation shame for RBS | Money The TimesA woman suffering a debilitating illness has had to wait 18 years for compensation from her bank after being mis-sold insurance.Experts said Dr Leyla Sanai's ... ...Comment: The real impact of the PPI claims deadline - International Investment
20th November 2018
Comment: The real impact of the PPI claims deadline International InvestmentStatistics from Britain's Financial Conduct Authority (FCA) reveal that over 4 million consumers have made complaints to financial institutions in 1H2018 ...20th November 2018
CYBG blames Arnie advert and aggressive PPI claims companies as it swings to a loss Telegraph.co.ukA surge in PPI compensation claims driven by an Arnold Schwarzenegger advert and increased activity among claims companies have dr ...Consumers 'wrongly' told they do not have PPI - BBC News
19th November 2018
Consumers 'wrongly' told they do not have PPI BBC NewsBanks are being accused of giving wrong information to customers looking to get compensation for mis-sold Payment Protection Insurance (PPI). The accusation ... ...FCA tells firms to look at rejected PPI claims again - FT Adviser
8th November 2018
FCA tells firms to look at rejected PPI claims again FT AdviserThe Financial Conduct Authority is proposing new rules for payment protection insurance PPI claims requiring firms to write to some 150 000 consumers who ... ...PPI rule tweak opens door for thousands more compensation claims - Your Money - Your Money
7th November 2018
PPI rule tweak opens door for thousands more compensation claims - Your Money Your MoneyThousands of people who've had a PPI complaint rejected or thought they weren't eligible for compensation could get a second go at making a c ...25th October 2018
PPI claims up by two-thirds thanks to Schwarzenegger campaign as people ditch claims firms Moneywise MagazineA majority of consumers are now making Payment Protection Insurance (PPI) compensation claims directly to lenders rather ...Over 50% of PPI complaints now done without claims firms - MoneySavingExpert
24th October 2018
Over 50% of PPI complaints now done without claims firms MoneySavingExpertMore consumers are making mis-sold PPI complaints themselves instead of going to claims management companies, a report by the financial regulator has said ...17th October 2018
Banks could owe millions in PPI compensation claims they failed to investigate, says Which? The IndependentBanks could owe millions of pounds more in compensation for mis-sold PPI because they have failed to properly investigate ...PPI claim loophole revealed: why you could be owed thousands more - Your Money
17th October 2018
PPI claim loophole revealed: why you could be owed thousands more Your MoneyMis-sold Payment Protection Insurance (PPI) customers could be owed millions more after a fundamental flaw has been exposed in the way banks deal with .. ...Two claims companies are chasing me for a cut of my PPI compensation. What can I do? - inews.co.uk
9th October 2018
Two claims companies are chasing me for a cut of my PPI compensation. What can I do? inews.co.ukI signed an action form with two claims companies at different times, thinking the first had been unsuccessful. Now both are claiming ...5th October 2018
Lloyds and Halifax PPI customers could be due refunds after banks failed to send letters MoneySavingExpertLloyds, Halifax and Bank of Scotland have been rapped by the competition watchdog for failing to send out the correct infor ...Tesco Bank H1 profits fall after FCA fine, more PPI claims - Verdict
3rd October 2018
Tesco Bank H1 profits fall after FCA fine, more PPI claims VerdictTesco Bank H1 statutory group profit is down 19% year-on-year to £68m for the six months to end August but loans and deposit balances show strong growth. ...When is the PPI claim deadline and how do I know if I can apply? - iNews
1st October 2018
When is the PPI claim deadline and how do I know if I can apply? iNewsPPI is more than the chorus in the jingle of a daytime TV advert. It is a bona fide bank rip-off that you may have been a victim of, and you can claim the cash ...27th September 2018
Tens of thousands of Barclays customers given wrong information over PPI claims – can you now get c The SunBarclays - which has now apologised - said a review had found “a very small percentage” of customers were given wron ...Barclays admits PPI compensation error - BBC News
26th September 2018
Barclays admits PPI compensation error BBC NewsBarclays has apologised for giving wrong information to tens of thousands of customers over PPI claims. ...
