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PPI News - October 2018

PPI still 'most complained about' financial product

According to the latest data from the Financial Conduct Authority (FCA), PPI accounted for 42% of all complaints against regulated firms in the first half of 2018. The percentage is significantly higher compared with the complaints figures for current accounts (15%), credit cards (8%), and motor and transport insurance (6%). Other general insurance complaints round out the top five.

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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

No Win No Fee – charges may apply if you cancel after the 14 day cooling off period, see website at www.paymentprotectionscotland.co.uk for full Terms of Engagement. Fees are 24% (VAT Inclusive) for all contracts entered into after 1st April 2019. Contracts entered into prior to 1st April 2019 are chargeable at the rate outlined in such contracts. Our fees are subject to regulatory change.