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PPI News - March 2013

Bradford & Bingley owner repays £4bn to taxpayers

UK Asset Resolution (UKAR), the government-owned company incorporating Northern Rock (Asset Management) and Bradford & Bingley, paid back £4bn to taxpayers in 2012.

» Read full story at The BBC

PPI Mis-Selling Has Created Thousands of Jobs

Up to 20,000 jobs have been created to deal with claims over mis-sold payment protection insurance (PPI), employment group Manpower has said.

» Read full story at The BBC

Ombudsman States: PPI Complaints Rise is Unprecedented

The Financial Ombudsman has announced that the rise of PPI complaints in unprecedented. The ombudsman is currently taking on 2,000 new cases per day..

» Read full story at The BBC

Lloyds PPI Mis-selling Complaints Reach 1.4 Million

In 2012 the Lloyds Banking Group received 1.4 million complaints regarding Missold PPI.

» Read full story at The Independent

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Payment Protection Scotland is a trading name of Payment Protection Services Ltd. regulated by the Financial Conduct Authority in respect of regulated claims management activities (SC404848). Its authorisation is recorded on the website at www.fca.org.uk/firms/financial-services-register (Temp Auth No. FRN 837088). Registration with the Information Commissioners Office (ICO); registration number Z354206X. Registered as a company in Scotland; Company Number (SC404848). Registation Address; 272 Bath St. Glasgow G2 4JR

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