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Lloyds and RBS: Majority of Our Customers Will be Compensated
After Barclays’ vow yesterday to compensate its customers of the payment protection insurance (PPI) it had mis-sold, two of its fellow high street banks had announced that it promises to answer all...
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Nationwide Offers PPI Alternative
Nationwide Building Society is the latest financial firm to offer an insurance alternative to payment protection insurance (PPI). Known as the Lifestyle Protector, the product offers short-term...
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Banks Continue To Use Delaying Tactics To Put People Off PPI Claims
With all the negative press that the banks are receiving for the mis selling scandals – mis sold emdowments, mis sold PPI, mis sold mortgages, mis sold interest swaps, and mis sold investments (i’m...
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Record Number of Critical Illness Claims Rejected
One in ten critical illness claims, made by those suffering from a serious illness are turned down, according to a report by Money Mail. Their research suggests that the percentage of these claims...
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Should Borrowers ‘Do Their Own’ PPI Claims?
UK Consumer groups Which? and MoneySavingExpert have come together to launch an advertising campaign to encourage victims of mis sold PPI to ‘do their own claims’ rather than using PPI Claims...
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Lenders Continue to Reject PPI Claims from Customers
In a recent report, the Financial Ombudsman Service (FOS) continue to receive at least 1,500 complaints a day regarding mis sold payment protection insurance or PPI. The increase in daily complaints is...
View ArticleInsurance Essentials for the Self-Employed
If you are self-employed, you must adhere to health and safety laws. Most people go about their work unaware of the paperwork and policies needed such as first aid and fire precaution, simply because...
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The Upside to PPI Policy Scandal
Heading into the Christmas season, we may actually see the silver lining to the PPI policy scandal. Specifically, consumers are walking around with a little extra cash in their pockets, courtesy of the...
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Which Type of Life Insurance Policy Do You Need?
When you see how many different types of life insurance policy there are you will realise that it makes sense to think about the subject before choosing. Sadly, many people spend too little time...
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The Numbers Behind the PPI Claims Scandal
As you know, we love a good infographic here at Financial Reform! And having followed the Payment Protection Insurance (PPI) scandal closely, we’re delighted that someone has finally taken the time and...
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Insurance Tax Rising: The Impact on Consumers
In his July budget, George Osborne announced that the tax paid on insurance products (Insurance Premium Tax or IPT) is to rise by more than half. This will take effect in November of this year. But how...
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