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), ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

LONDON (Reuters) -Britain's Financial Conduct Authority said on Wednesday it would launch a market study into so-called pure protection insurance product sales, amid fears that the design of some ...