PPI complaints may continue for years to come

//PPI complaints may continue for years to come

PPI complaints may continue for years to come

January 2015

Banks will be paying compensation to people mis-sold payment protection insurance (PPI) for years to come, according to the UK’s chief financial ombudsman.

The Financial Ombudsman Service receives 4,000 new PPI cases a week, and Caroline Wayman, the chief ombudsman, said “it will be years” before anyone can truly say Britain’s biggest ever financial mis-selling scandal is over.

By | 2015-04-28T20:25:13+00:00 January 10th, 2015|Market News|0 Comments

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Director of Cynergie UK Ltd B.Eng., M.Sc., MBA

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