FSA launches controversial PPI comparison tables

It says the free service, which can be accessed here, will help consumers considering taking out a PPI policy to identify the products best suited to their needs, and encourage them to shop around. It follows months of criticism directed at the PPI market surrounding the issue of treating customers fairly (TCF). Consumers can compare policies on mortgages, unsecured personal loans, secured loans or credit cards. The FSA originally announced plans for the tables last year but they split the protection industry. Some independent providers argued the tables would provide consumers with...