Up to seven million people who were mis-sold Card Protection Plan (CPP) policies will be able to start claiming compensation as of mid-February, the regulator has confirmed. The Financial Conduct Authority (FCA) has previously warned that the bill for the redress of Card Protection and/or Identity Protection products could hit £1.3bn. And Clive Adamson, FCA director of supervision, today confirmed: "If you believe you were mis-sold one of these protection products, fill out and return the claim
- Moneysupermarket.com fined £80,000 by Information Commissioner’s Office
- FCA proposes to extend the senior management regime to more firms
- Gable policyholders receive £8.3m return payments
- FCA publishes IDD plans
- Broker Network posts rise in revenue after "extraordinary year"
- Marmalade launches new young driver policy
- InsurTech Futures: CDL set to launch chatbot solution