Financial Ombudsman Service
Insurers using ‘opt out’ loopholes in policies
More and more travel insurers are opting out of covering clients when a medical condition arises after purchasing the policy.
Customers who take out a...
uSwitch.com : another blow for consumer trust in banks
The Financial Ombudsman Service (FOS) has revealed it has had its busiest year ever, which shows that the relationship between banks and their customers...
Featured /PPI : CC confirms point-of-sale prohibition
The Competition Commission (CC) has confirmed that it will introduce a remedies package based around a point-of-sale prohibition for all forms of payment protection...
Clarity needed from FSA to ensure wider access to financial advice
The FSA must act quickly to secure the benefits of its changes to the financial advice market, says the ABI. The message comes in...
FSA to take measures to protect PPI consumers
The Financial Services Authority (FSA) has today announced a package of tough measures to protect consumers in the Payment Protection Insurance (PPI) market and...
ABI responds to Financial Ombudsman Service (FOS) about firm-specific complaints data
Responding to publication by the Financial Ombudsman Service (FOS) of firm-specific complaints data, Maggie Craig, the ABI’s Director of Consumer Strategy, said:
“The insurance industry...
New website PPInews.co.uk launched to compensate UK mis-sold consumers of Payment Protection Insurance
A new website at http://www.ppinews.co.uk has been launched to keep pressure on regulatory authorities, banks and insurance companies to compensate up to 12 million...
ABI challenges FSA on Retail Distribution Review qualification issues
The Association of British Insurers (ABI) has responded to the Financial Services Authority’s (FSA’s) Consultation Paper on the Retail Distribution Review (RDR) by applauding...
