ABI encourage PPI sales following FSA review

Nick Starling, director of general insurance and health said: “With increasing unemployment and over-indebtedness, it is essential that people protect themselves against losing their regular income. PPI is the only financial product that covers unemployment.

“Sales should always comply with regulation and we take the numbers of complaints seriously. We have proposed to the FSA that industry guidance should be produced in order to improve complaints handling. This should be done immediately

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