Claim Hero has seen new figures released by the Financial Ombudsman Service show complaints about payment protection insurance (PPI) continue to dominate a list of financial disputes despite sales rules being tightened. Some 45% of the workload of the Financial … Read more →
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Financial Ombudsman Service gearing up for a rise in PPI complaints due to Banks actions
Claim Hero has heard that the Financial Ombudsman Service (FOS) is gearing up for a rise in complaints about payment protection insurance (PPI) after banks put the processing of thousands of disputes on hold. The preparations come after the country’s … Read more →
Cynical Banks try to ‘wriggle out’ of paying valid PPI claims
The British Bankers’ Association (BBA) who represent UK Banks last week sought a judicial review of new FSA rules relating to Payment Protection Insurance (PPI), which govern how such complaints are handled. Claim Hero notes that the FSA said it … Read more →