BBC's Watchdog aired concerns last night that the banks have not been honouring commitments to pay back missold PPI.
Consumers are being left unprotected because of one-sided "appalling" view of PPI, a product provider has said.
In today's market, insurers need to explore other ways to protect consumers. Paul Walsh examines the industry's failures and options.
Tarred by the PPI mis-selling scandal, many lenders have dumped mortgage payment protection insurance propositions for short-term income protection products. However, Nicola Culley finds some brokers insisting there is a future for this ‘simple product...
Barclays has put aside an extra £700m to compensate customers for the mis-selling of payment protection insurance, bringing total provisions to £2bn.
Two marketers acting on behalf of claims management companies have been fined £250,000 by the Information Commissioner's Office, in the first case of its kind.
Keep It Simple Stupid: The Review of Simple Financial Products is a significant strategic development in the protection sector. Richard Walsh highlights some key issues and a few problems in the making.
Barclays Bank has overtaken Lloyd's TSB as the source of the most payment protection insurance (PPI) complaints, according to figures from the Financial Ombudsman Service (FOS).
PPI complaints have doubled in the first half of this year with up to 1,500 new cases each day, according to latest Financial Ombudsman Service complaints statistics.
The Financial Services Authority (FSA) and Office of Fair Trading (OFT) have postponed the publication of final guidance on payment protection products.