PPI complaints soar as FOS cites 'unprecedented levels'

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Lloyds TSB has topped the list of payment protection insurance (PPI) offenders in the second half of 2012, with 42,195 complaints.

This is more than four times the number of complaints made against Lloyds in the first six months of 2012, at 9,493, figures from the Financial Ombudsman Service (FOS) have revealed. 

Barclays Bank was second in the list, with 37,883 PPI complaints, almost twice the number of complaints it garnered in the first half of last year, at 19,522.

Allianz Insurance topped the list of insurers, with 891 PPI complaints made to the watchdog in the last six months of 2012 – a jump of more than 400% from

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