The FSAs consultation on Payment Protection Insurance (PPI) mis-selling has costly ramifications for the PPI industry according to financial research company Defaqto.
The regulator envisages, in a response to consultation document CP 09/23, that compensation for customers who have complained may cost the PPI industry between £700m and £1.2billion. Worryingly, the potential...
Expanding the 'regulatory perimeter'
Consultation closing 15 September
Second report on IHT Review
EU review to be completed this year
Part of raft of proposals to increase visability of SRI to retail investors
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
More than 30 firms pull out in just three months
Fell into administration this year
The Financial Conduct Authority (FCA) has told the FT that it does not keep a record of investment fund suspensions.