PPI Claims

Banks incur more than £550m in losses due to mis-sold PPI claims

Banks incur more than £550m in losses due to mis-sold PPI claims

According to the Financial Ombudsman Service (FOS) approximately 90% of mis-sold payment protection insurance (PPI) claims are being honored, with…

Barclays Number One on FSA’s Bank Complaints List

Barclays Number One on FSA’s Bank Complaints List

With the Financial Services Authority (FSA) receiving complaints against high street banks at an all-time high, Barclays Bank tops the…

Financial Ombudsman Service Overwhelmed with Complaints

Financial Ombudsman Service Overwhelmed with Complaints

At one time the Financial Ombudsman Service was where consumers were taking complaints when they needed a quick decision in…

HSBC Unlikely to Meet PPI Deadline

HSBC Unlikely to Meet PPI Deadline

HSBC was just one of the high street banks which were found to have mis sold PPI and one of…