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fsa Archive
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PPI Claims Battle Won Says FSA in Annual Report
Posted on June 14, 2011 | No CommentsFSA says winning battle over PPI was a major highlight of 2010 in its 2011 Annual Report released today Winning the battle over mis-sold Payment Protection Insurance is picked out as one of the highlights in the last year for the Financial Sevices Authority in... -
UK Insurance Regulation Is Changing The Face Of The Market
Posted on February 10, 2010 | No CommentsIn 2005, two years before the credit crunch, the British government imposed far reaching financial and structural controls over the UK Insurance Market by bringing the sale of General Insurance into the controlling hands of the Financial Services Authority, the FSA. Legal regulation and authorisation... -
FSA orders GBP 60 Million Mortgage Protection Insurance Repayments
Posted on October 8, 2009 | No CommentsMore than a million UK householders are to get refunds on their recent mortgage protection insurance monthly payments, after the City watchdog, the FSA, forced PPI providers including giant firms such as Aviva and Abbey; to pay back over GBP60 million in increased Mortgage Protection... -
FSA fines Alliance and Leicester £7m for misselling Loan Protection
Posted on October 7, 2008 | No CommentsAlliance & Leicester has been hit with a record fine by the FSA of £7 million for serious failings in its telephone sales of Loan Payment Protection Insurance. For three years from January 2005 to December 2007 A&L sold over 200000 Loan PPI policies to... -
Small Insurance Brokers at Risk as Banks fail
Posted on October 5, 2008 | No CommentsSmall Insurance Brokers such as you might still find on your local high street are under further threat as the banks and building societies collapse the Institute of Insurance Brokers has warned. The Association of British Insurers is reported to be furious with the way...