Banning PPI at point of sale not TCF - FISA

FISA also describes the proposals, put forward by the Competition Commission (CC) as a possible remedy for the problems in the PPI market, as unnecessary and claims there are already sufficient safeguards for consumers in place. The CC recommendations, announced a month ago, also included a temporary price cap on PPI to reduce prices across the board, another measure FISA describes as “extreme”. John Parker, FISA chief executive, says the body is supportive of some of the CC proposals but claims separating the point at which advice could be given about the loan and the PPI is against TC...