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Claims management firms face new clampdown
8 April 2013Claims management companies will have to agree all customer contracts in writing before taking a fee under new rules
Lloyds' PPI mis-selling bill climbs to £6.8 billion
1 March 2013The banking giant's PPI mis-selling costs rose by £1.5 billion in the last three months of 2012
Lloyds fined £4.3 million over PPI delays
19 February 2013Lloyds Banking Group has been fined £4.3m for delays in paying out mis-sold PPI to more than 140,000 victims
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Older News Stories
18 February 2013PPI reclaiming bill now tops £8.4 billion
£360 million was paid out to victims of PPI mis-selling last December, taking the total to £8.4 billion, the FSA says
5 February 2013Barclays' PPI mis-selling bill up to £2.6 billion
The banking giant will set aside a further £600 million for redress to cover mis-sold payment protection insurance
24 January 2013Banks warned over new 'PPI products'
Firms risk mis-selling new PPI-type insurance unless they follow fresh guidance, say watchdogs
16 January 2013Claim PPI now as banks call for deadline
Banks have asked the regulator to set a deadline on PPI mis-selling claims, a proposition we strongly oppose
15 January 2013PPI compensation total tops £8 billion
Victims of payment protection insurance mis-selling were paid a total of £411 million in November last year
10 January 2013Ombudsman wants 1,000 more staff for PPI complaints
The Financial Ombudsman has published plans to tackle the record number of complaints it expects to receive in 2013/14
13 December 2012Lack of financial education costs UK £3.4 billion a year
A year after 100,000 forced a parliamentary debate on the issue, a new CEBR study shows the huge cost
11 December 2012PPI mis-selling payments now over £7.5 billion
More than £7.5 billion has been paid out in total for PPI claims since January 2011, the latest FSA figures reveal
7 December 2012Bank staff still under sales pressure, despite mis-selling scandals
Mis-selling scandals have failed to stop banks pressurising their staff into pushing products which may be unsuitable
3 December 2012New finance watchdog can ban dodgy products
Plans are being set in motion to allow the Financial Conduct Authority to ban dodgy products before they are mis-sold
21 November 2012PPI payouts top £7 billion
A whopping £516 million was paid out to victims of PPI mis-selling in September
14 November 2012Ban PPI firms from cold calling, Citizens Advice says
Nine in 10 have been contacted out of the blue by claims management firms in the past year, says the charity
EHIC confusion: a third wrongly think it replaces travel insurance
Top ten supermarket price blunders
Sky takes over O2 and Be broadband: What does this mean for customers?
Consumer Futures calls for Spark Energy probe
Bank of Ireland makes partial U-turn on mortgage hikes
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