Period of consultation
Which? has renewed calls for the insurance industry to bar the use of premium rate phone lines for customers.
Payday loan companies routinely fail to treat their customers fairly and often encourage those struggling to repay the debt to extend their loan, according to research from the Citizens Advice Bureau (CAB).
The money banks have set aside for payment protection insurance (PPI) mis-selling compensation will run out by the end of the year, according to analysis from Which?
Consumer groups, the regulator, banks and credit card providers are to come together to cut claims management companies (CMCs) out of the payment protection insurance (PPI) compensation process.
Consumer group Which? has listed task-based income protection cover and absolute return funds among a list of 'financial products to avoid'.
Comparison sites are failing to provide consumers with the best deal and should be strictly regulated, Which? has said.
Which? has urged banks to streamline their payment protection insurance (PPI) claim process or risk exposing customers to claims management companies, after just a quarter of the promised amount of redress was paid out in 2011.
Cirencester friendly says the outlawing of gender-based underwriting could be a boon for providers selling Holloway-style income protection (IP) plans.
Which? has called for regulators to ensure protection products meet minimum standards.