FCA data reveals huge surge in PPI complaints

arrows3

Complaints about payment protection insurance (PPI) in the second half of 2017 soared to the highest level seen for more than four years, according to figures from the Financial Conduct Authority (FCA).

Complaints about PPI hit 1.55 million in the six months, up 40% on the first half of the year.

The FCA’s analysis is based on the data supplied to it by regulated firms.

The PPI increase meant that there was an overall 13% rise in complaints about financial services products to 3.76 million

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: