PPI fines set to increase in the new year?
In September it was announced that the Financial Services Authority had fined Regency Mortgage Corpo...
In September it was announced that the Financial Services Authority had fined Regency Mortgage Corporation £56,000 for payment protection insurance mis-selling. I commented then that it would come as no surprise if more intermediaries succumbed to the wrath of the regulator over the next few weeks. Since then, loan broker Loans.co.uk has been fined £455,000 for failing to treat customers fairly when selling PPI and, three weeks later, Capital Mortgage Connections received a £17,500 fine for cold
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