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You Searched For "mis selling insurance" and got 17 results


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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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8 mins read

ULIPs are not for senior citizens: Here’s how to choose the right investments to secure the golden years of your life

Investments for senior citizens should prioritize capital protection, regular income, liquidity, an…

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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…

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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   


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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   


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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   


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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…

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5 mins read

With an aim of growing by 500% in the next financial year by catering to the needs of millennials, Coverfox plans to go global in the next 3 years

Since its launch in 2013, Coverfox has acquired over a million customers and is working towards sim…

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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   


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8 mins read

India's financial institutions were hit hard by Modi's demonetisation move, but here's why BFSI still managed to sail through

According to Roopank Chaudhary - Associate Partner & Head, McLagan India, there has been a sign…

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8 mins read

ULIPs are not for senior citizens — Here’s how to pick the right investments to secure the golden years of your life

In the last few days, Twitter has been awash with tweets about senior citizens being mis-sold ULIPs…

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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   


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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…

Maria Terekhova   


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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   


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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   


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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…