August 27, 2010
Mortgage Payment Protection Insurance Regulation Leaves Consumers …
Should our major financial institutions have decided to stop selling Mortgage Payment Protection prior to 2008, there would have been hundreds of thousands of families in the UK without cover. Unable to rely on this insurance following …
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Mortgage Payment Protection Insurance Regulation Leaves Consumers …
Filed under MPPI by on Aug 27th, 2010.
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Financial Institutions Audit -Senior Staff: Company Overview: Crowe Horwath LLP (www.crowehorwa… http://job.jobcrank.com/USA-KY-…
Latest figures from the Financial Ombudsman Service show that the most complained about financial products include credit cards, current accounts, mortgages and motor insurance Complaints about financial products soared by almost a quarter between July and September 2011, according to the Financial Ombudsman Service (FOS). The ombudsman experienced a 24% increase in complaints, excluding payment protection insurance (PPI), in the second quarter of 2011-2012, taking the total to 31,386 compared to 25,276 received in the same period of 2010-2011. Outside of PPI complaints, which decreased from 56,025 cases in April-June 2011 to 19,259, but still accounted for 38% of the total, the ombudsman said the financial products that consumers complained about the most included credit card accounts (11.5%), current accounts (8.5%), mortgages (5.5%) and car and motorcycle insurance (4%). Between July and September 2011 there was a 40% rise in complaints about deposits and savings, a 37% rise in…