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New Appointment 9 Jul 2013 | 09:05 pm
Ultimate Law have appointed Raymond Levy and Jessica Nadav to its expanding bridging finance department, within its Commercial Property division. Both are highly experienced ex-City Solicitors with ex...
Financial protection may have bad name – but dare you be without it? 7 Dec 2012 | 03:11 pm
Financial protection has been given a bad name by the poor value offered by payment protection insurance. But for many people, the reassurance that cover brings cannot be overestimated. Alan Lakey, a ...
Accountants urge action on mis-sold PPI 30 Nov 2012 | 01:48 pm
Wednesday, November 28, 2012 Accountants have urged the 70,000 people who were mis-sold payment protection insurance to overcome their apathy and check if they are due a payment before it is too late....
Call on work-related road deaths 28 Nov 2012 | 02:03 pm
Work-related road traffic accidents should be reported by employers to help cut the number of people killed or injured while driving for work, said a health and safety body today (Thursday 22 November...
Lloyds payment protection insurance bill passes £5 billion mark 2 Nov 2012 | 06:05 pm
Part-nationalised Lloyds Banking Group today provided further evidence that it was getting its business back on track This came despite the fact that it set aside another £1 billion sterling to pay cl...
Banks hit with a new PPI complaint every 7 seconds 1 Nov 2012 | 08:15 pm
Banks could run out of money set aside to compensate victims of the PPI ‘loan protection racket’ after paying out £3billion in the first six months of this year. The number of new complaints about mis...
FOS blames banks for rise of PPI claims management firms 31 Oct 2012 | 03:56 pm
The failure of banks to properly investigate mis-selling claims around payment protection insurance (PPI) led directly to the rise of the claims management industry, the Financial Ombudsman Service ha...
Lloyds set for shock rise in PPI payouts and could have to put aside another £2.3bn 29 Oct 2012 | 11:18 am
Lloyds Banking Group may this week dramatically increase the amount of cash it has set aside to settle payment protection insurance mis-selling claims. Rival Barclays earlier this month raised its PPI...
Barclays Boosts Compensation Fund for Improper Insurance Sales 25 Oct 2012 | 01:00 pm
Barclays PLC has set aside another 700 million pounds ($1.1 billion) to compensate customers who bought payment protection insurance which they didn’t need. The bank’s announcement raised its total pr...
Millions of people will receive letters in the coming months from their banks. 24 Oct 2012 | 02:45 pm
They will be told they may have been mis-sold a payment protection insurance (PPI) policy some time in the past. And that they could be in line for a compensation payment – if they lodge a complaint. ...