MPPI referred to Competition Commission
The Office of Fair Trading has referred the payment protection insurance market, including mortgage PPI, to the Competition Commission for further investigation following its consultation with businesses, consumer organisations and trade associations.
John Fingleton, chief executive of the OFT, says examination of the evidence received following the OFT’s proposal to refer the PPI market to the commission in October gives it reasonable grounds to suspect...
More on Your profession
Advisers to be levied £240m again as FSCS announces £1bn overall levy
'Cannot normalise this level of loss'
Daniel Baade: The rise of debt financing in IFA M&A
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Quilter supports 285 young carers in the UK by raising £10,600
Supported over Christmas
Treasury Taskforce to address FSCS levy concerns and work with FCA
Plus online scams
MPs call on FCA to do more for British Steel victims
Regulator 'follows not leads'
More news
UK borrows £34bn in December as public sector debt set to increase through 2021
Third highest monthly figure since 1993
Advisers to be levied £240m again as FSCS announces £1bn overall levy
'Cannot normalise this level of loss'
Daniel Baade: The rise of debt financing in IFA M&A
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Quilter supports 285 young carers in the UK by raising £10,600
Supported over Christmas
Treasury Taskforce to address FSCS levy concerns and work with FCA
Plus online scams