Cardif Pinnacle has signed a five year contract to supply Mortgage Payment Protection Insurance (MPPI) to mortgage borrowers at Yorkshire Building Society.
Andy Swain, chief commercial officer at Cardif Pinnacle, said: "Being chosen to partner Yorkshire Building Society in this competitive market is a great endorsement of the product and service we can provide...
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.
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An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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