March 10, 2010
FSA delays PPI reforms
The Financial Services Authority (FSA), has announced a delay on its plans to reform the Payment Protection Insurance (PPI) market. The City Watchdog said its consultation will be delayed by six weeks due to a heavy amount of criticism from the … Under a PPI policy, an agreed sum of money is paid out each month to fully cover, or cover a percentage of the payment due on your mortgage or loan if you are unable to work, as a result of becoming unemployed or sick. …
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FSA delays PPI reforms
Filed under MPPI, UK Insurance, UK Mortgage Protection by admin on Mar 10th, 2010.
Comments on FSA delays PPI reforms
"We were lucky with the timing. Had we been six weeks later … I don't think we'd be here today." – Mike Soutar of Shortlist #LONECON
One of the greatest crimes of the climate-alarm industry is the miss-education of a generation of schoolchildren about global warming. If the Banks are having to pay compensation for the miss-selling of pensions and payment protection insurance, there should come a time when children begin to sue the Department of Education, for the miss-selling of their future.
Who are the Financial Services Authority (FSA)?: The FSA – IT Business Net –
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I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!