You Searched For "mis selling insurance" and got 15 results
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2 mins read
The evidence coming out from the mis-sold insurance scandal is getting ridiculous
"Overall, we take the view that a deadline and communications campaign would help bring finality an…
Lianna Brinded
2 mins read
Lloyds faces a £100 million fine for mishandling insurance selling complaints
According to a Sky report today, the UK financial regulator will demand the fine as early as Friday…
Lianna Brinded
2 mins read
One of Britain's most costly banking scandals is not ending any time soon
The Financial Ombudsman has received a total of nearly 1.5 million PPI complaints since 2003. Howev…
Thomas Colson
4 mins read
Misselling: Why You Need To Beware Of It
In simple terms Misselling means that you were given unsuitable advice, the risks were not explaine…
2 mins read
RBS just dropped a horrendous market update - a £2.5 billion hit and a confirmed loss for 2015
The Royal Bank of Scotland just dropped a horrendous market update which included billions of pound…
Lianna Brinded
3 mins read
PPI claims companies have creamed up to £5 billion off mis-selling payouts
Britain's financial regulator notes that more than 95% of all repayments on PPI have been made by j…
Oscar Williams-Grut
2 mins read
Lloyds is paying the financial regulator £117 million for mishandling PPI complaints
The Group apologises for the impact on those customers affected and accepts that part of its compla…
Lianna Brinded
2 mins read
RBS will be hit by 'substantial' litigation costs and fines in 2015
"On RMBS, as you know, there were 18 or so banks settling with the Federal Housing Finance Agency a…
Lianna Brinded
3 mins read
You can now buy life insurance on Flipkart
Flipkart aims to make life insurance more accessible to Indians living in metro and non-metro citie…
3 mins read
Banks have paid four times the cost of the London 2012 Olympics for PPI mis-selling
Barclays new CEO Jes Staley admitted as much in a memo sent to staff last month that was obtained b…
Oscar Williams-Grut
3 mins read
Barclays boss takes £1.1 million bonus despite BILLIONS spent on financial scandals
"We remain focussed on addressing outstanding conduct issues, including those relating to Foreign E…
Lianna Brinded
10 mins read
Britain's biggest banks face a new investigation over their decimation of hundreds of businesses through dodgy interest-rate swaps
The banks, with the aid of an "independent reviewer" in the form of an accountancy firm sitting alo…
Lianna Brinded
3 mins read
Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions
The Unions also said the proposed amendments does not define the term liability which may lead t…
2 mins read
Barclays reports loss of £394 million and plans to split into 2 divisions
"At the heart of Barclays strategy is to build on our strength as a transatlantic Consumer, Corpora…
Ben Moshinsky
3 mins read
Here's why compensation claims may hinder banks' innovation
Moreover, this scandal may affect the way incumbents approach innovation more broadly. The UK's Fin…