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Some PPI sellers still not treating customers fairly says FSA report

Some firms selling payment protection insurance (PPI) are still failing to treat their customers fairly, an Financial Services Authority (FSA) review has concluded.

While a number of firms have improved their sales standards over the past year, visits to 40 firms show there are still three key areas of widespread concern. These can result in customers being

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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