The payment-protection insurance scandal of the past few years in the United Kingdom generated a number of important industry lessons, particularly the need for better reaction to consumer feedback, ...

Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...

LONDON, Oct 4 (Reuters) - Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), ...

RICHMOND, Va.--(BUSINESS WIRE)-- Genworth Financial, Inc. (GNW) today issued a statement in response to a UK High Court judgment in favor of AXA in the legal proceedings against Santander companies ...

Claims for mis-sold payment protection insurance (PPI) hit their highest level in four years during the second half of last year. According to figures from the Financial Conduct Authority (FCA), the ...

Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the Payment Protection Insurance scandal, according to Nikhil Rathi, chief ...

Clifford Chance (CC) has won an appeal for Barclays against a decision by the Competition Commission to ban the sale of payment protection insurance (PPI) alongside credit cards and loans. The magic ...

The FINANCIAL — Barclays has decided not to appeal against the recent High Court ruling on Payment Protection Insurance (PPI). It will now begin to process all on-hold and any new complaints from ...

A new group legal claim hoping to claw back an estimated £18 billion in payment protection insurance (PPI) premiums on behalf of millions of consumers has been launched. Law firm Harcus Parker lodged ...

Consumer champion Brunel Franklin says the claiming of secondary payouts on Payment Protection Insurance (PPI) cases is looking like the next big PPI mis-selling scandal. Yet with the Financial ...

LONDON (Reuters) - Britons made a record number of complaints about financial services provision last year, driven by objections about bank account charges and payment protection insurance. The number ...