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Listing 421 articles over 43 pages

PPI Claims Management Firms Take 25% Of Pay Outs

Claims management firms that specialise in payment protection insurance (PPI) claims took almost a quarter of consumer’s compensation, between April 2011 and November 2015.

FCA: PPI Compensation Can Only Be Claimed Up To 2018

People in the UK who were mis-sold payment protection insurance (PPI) will now have until 2018 to claim compensation under new regulations introduced intending to draw a line under the issue.

Banks Still €�paying The Price” For PPI Scandal

Banks are still “paying the price” for the PPI scandal 10 years after the problem erupted, according to Citizens Advice.

Insurance Providers Charging €�eye Watering” Fees

New research from consumer watchdog Which? has found a large variation in fees car insurance companies charge, with some “eye watering” fees totalling more than double the industry average.

Public Overestimates Life Insurance Costs By 400%

The British public overestimates the cost of life insurance by almost 400%, according to research from SunLife.

FCA Calls For Insurance Companies To Be Clearer

The Financial Conduct Authority (FCA) has called for insurance companies to be clearer about the costs involved in paying premiums in instalments.

Most Car Insurance Companies Accepting Dashcam Footage

The majority of UK car insurance companies are now accepting dashcam footage as evidence in disputed claims. Dashcams are small cameras that are placed on the driver’s dashboard or windscreen in order to film what is happening on the road ahead of them.

Car Insurance Market Set For Overhaul

The car insurance market is set for an overhaul, following an investigation by the Competition and Markets Authority (CMA). One the major changes will be a ban on exclusive pricing deals between insurers and price comparison websites.

Less Than A Quarter Of Families Have Income Protection

A study from Scottish Widows has revealed that more than three-quarters of families in the UK with children under 16 are without income protection, up from 69 per cent in 2013.

Insurance Comparison Websites Are Failing Customers

Insurance comparison websites are not giving consumers the “appropriate information to make informed decisions”, according to the Financial Conduct Authority (FCA). The FCA reviewed 14 comparison sites and said that some of them were failing to meet regulatory standards. They said that comparison sites focused too much on price, rather than the different features each insurance product included.

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