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PPI Claims: Financial Ombudsman to Propose No-Claim Payouts
Consumer claims just turned easier for customers should the Financial Ombudsman’s proposition of a no-claim payout process push through. The FOS aims to avoid future large-scale scandals such as the...
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PPI Claims Handlers From Lloyds Retrain With New Supplier
Amidst growing lack of consumer confidence, Lloyds said that its former supplier, Deloitte, who was recently involved in the Royal Mint Court PPI claims centre, did not supply the standards for...
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Still No Deadline for PPI Claims
The costly mischief brought by the PPI scandal had plunged banks and financial institutions further into a £17 billion redress bill. With dwindling consumer confidence from the PPI and Libor...
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Deadline talks between the British Bankers’ Association and the Financial Conduct Authority have no progress as the Financial Conduct Authority still finds that it is unfair to set a deadline for PPI...
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