MPPI
Claims management company regulation must be tightened - Which?
Consumer watchdog Which? has today called on the Justice Secretary Ken Clarke to investigate creating tougher regulation around the activities of claims management companies (CMCs).
Watchdog rejects claims management ad gripe
The Advertising Standards Authority (ASA) has rejected a complaint that an advert for a claims management firm was misleading, after consumer bodies have warned against the firms.
Protection watch
PROTECTION WATCH
PPI provider offers 30% commission
Online payment protection insurance (PPI) provider Paymentcare is offering a 30.8% commission to brokers who switch clients' policies to one of its products.
When Barclays tried to flog PPI to Lord McFall
The payment protection insurance (PPI) debacle has been one of the biggest cases of mis-selling in history, but this story shows just how ambitious some bank advisers selling the policies were...
Protection products most complex - ABI
Critical illness (CI) and mortgage payment protection insurance (MPPI) are among the most complicated financial products for consumers to understand, the ABI has found.
Blog: FSA is willing to listen to the protection market
The FSA is currently consulting on its guidance for payment protection insurance (PPI) and potential replacement products such as short-term income protection (STIP).
Longevity - If the genes fit...
Ever wondered why females tend to outlive males? Is gender a ‘short-cut' - a proxy to behavioural differences? Eli Friedwald takes a tour of the competing theories trying to explain the difference in life expectancy between the sexes
Short-term IP guide educates spooked PPI customers
A buyers' guide to short-term income protection (IP) and mortgage payment protection insurance (MPPI) has been launched to assist consumer awareness of the products.
PPI redress hits £215m in H1
Payment Protection Insurance (PPI) complainants received a total of £215m in redress in the first half of 2011, the Financial Services Authority (FSA) has revealed.
PPI mis-selling crisis strikes Ireland
The Irish Central Bank has launched an investigation into the mis-selling of payment protection insurance on loans.
MPPI: Rising from the ashes
Protecting the biggest purchase a person is likely to make should be a key decision. Owain Thomas asks whether mortgage payment protection insurance is still a worthwhile option.
Risk Clinic: MPPI and PPI concerns
Several clients have come to me with queries about existing mortgage payment protection insurance (MPPI) and PPI policies. I don't have the time to read all the policy documentation, but given the current situation in the PPI market for Treating Customers...
IP will replace PPI - Defaqto
Defaqto has said it believes short term income protection (IP) products are likely to become the replacement for payment protection insurance (PPI).
Blog: Mortgage Payment Protection - always worth checking
Andrew Clothier reminds that many with mortgage payment protection products are over insured or not insured at all.
LV= amends and reduces cost of MPPI cover
LV= has announced improved flexibility and lower pricing for its mortgage and lifestyle protection product.
PPI reimbursement will cost up to £3bn - Defaqto
The FSAs consultation on Payment Protection Insurance (PPI) mis-selling has costly ramifications for the PPI industry according to financial research company Defaqto.
Cardif Pinnacle to supply MPPI for Yorkshire BS
Cardif Pinnacle has signed a five year contract to supply Mortgage Payment Protection Insurance (MPPI) to mortgage borrowers at Yorkshire Building Society.
FSCP applauds FSA action on MPPI
The Financial Services Consumer Panel (FSCP) has welcomed the announcement of FSA action and an industry-wide refund on Mortgage Payment Protection Insurance (MPPI) totalling £60m.
Endlessly evolving
Mortgage Payment Protection Insurance has escaped the harsh criticism of PPI yet the product is in any case evolving away from its roots, says Edward Murray
Task force slams FSA over short-term IP warning
The FSA is being criticised for coupling short-term income protection (IP) with payment protection insurance (PPI) in a letter warning providers about contract terms.
Select & Protect to offer MPPI solution
Select & Protect (S&P) is to launch a Mortgage Payment Protection Insurance (MPPI) product provided by FirstAssist Insurance Services which will be available to all S&P brokers.
Targeting consumer needs
Income Protection Task Force
Market views
Was the ban on payment protection insurance (PPI) sales by credit providers at the point at which credit is taken out a victory for consumers?
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