PPI

A new group legal claim hoping to claw back an estimated £18 billion in payment protection insurance (PPI) premiums on behalf of millions of consumers has been launched. 

If you're married or in a civil partnership, have had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently, as the crucial 5 April tax year deadline is approaching. That was the key message from MoneySavingExpert founder Martin Lewis in the latest episode of ITV's The Martin Lewis Money Show Live.

The tax year ends on Tuesday 5 April and MoneySavingExpert.com founder Martin Lewis has an urgent warning. Rules state you can only claim back tax for up to four years, so if you're owed money from the 2017/18 financial year, do it now or you lose the opportunity. Many could be missing out on £1,000s if they don't act now. Martin explained how in the cost of living crisis episode of The Martin Lewis Money Show Live. Below is the key excerpt…

Nationwide will pay an estimated £2 million in refunds to about 7,000 PPI customers, after it failed to send them important information. 

Santander has extended its deadline for submitting PPI claims to 8pm tonight (Friday 30 August) after its website crashed due to the number of claimants using it – so if you didn't get your claim in yesterday, go now. 

Hours ahead of the PPI deadline, customers of several banks are reporting website problems and waits of up to 90 minutes on the phone. The deadline to claim is 11.59pm TODAY (Thursday) – so here's what to do if you're affected.

With just over two months to go until the PPI complaints deadline, the financial regulator has enlisted '90s icon Mr Motivator to join Arnold Schwarzenegger's animatronic head in urging consumers to make a claim.

Unhappy customers who have used claims management firms will be able to escalate their complaints to the financial ombudsman from today, as the sector will now be regulated by the Financial Conduct Authority. 

Around nine out of 10 TSB customers who complained about the bank to the Financial Ombudsman Service won their case, figures released today reveal. 

First it used Arnold Schwarzenegger's animatronic head to urge consumers to reclaim PPI – now the Financial Conduct Authority (FCA) has enlisted two more celebrities in its campaign as next year's deadline approaches.