As mortgages become increasingly flexible and more borrowers switch between lenders, Kirstie Redford asks if there is a need for more portability in the MPPI market?
The need to raise standards in the mortgage payment protection insurance (MPPI) market has not been overlooked by industry regulators. New benchmarks were introduced in July 2000 in a joint initiative...
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).
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.
Lloyds Banking Group made a loss of £3.5bn last year - largely due to money set aside to cover payment protection insurance (PPI) claims - and said its bonus pool was down 30% against 2010.
Dunstan Thomas report
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Winter Economic Plan to go ahead
21 investors lost money
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