The Financial Conduct Authority (FCA) has issued final guidance to clarify its expectations about the handling of regular premium payment protection insurance (PPI) complaints.
This follows rules and guidance revealed by the FCA in March 2017 in relation to the Plevin judgment.
In November 2014, the Supreme Court ruled in Plevin v Paragon Personal Finance Ltd that a lender’s failure to disclose to a client that a large commission was payable out of the PPI premium can make the relationship
- David Ross accused of “not caring” about acting lawfully
- Aston Lark buys Highworth Insurance
- Zurich temporarily pulls out of direct home
- Allianz hires Gerry Ross as head of commercial motor
- Marsh-owner gains approval to buy Jardine Lloyd Thompson
- Arch Insurance International invests in MGA
- First Central Insurance & Technology takes CEO from Hastings