Qualification is the PPI solution
There has been much debate over how the insurance industry, regulators and trade bodies should tackl...
There has been much debate over how the insurance industry, regulators and trade bodies should tackle the PPI debacle, its anti-competitive practices and flawed sales processes. While I applaud any initiatives to drive up standards, I am frustrated but not surprised that no tangible solutions are being put in place.
As a non-advised general insurance product, those selling PPI need only meet the FSA's training and competence requirements. There is nothing mandatory for PPI sales, so providers can
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