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Sharpening up

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With customers wasting as much as £350m a year on payment protection insurance that fails to pay out, it is no wonder that it receives a bad press. Jane Bernstein reports on why, after calls to sharpen up its sales practices, it is not all bad news for the sector

To say that payment protection insurance has received some bad press recently is something of an understatement. This was fuelled at the end of last year by a 'super complaint' from the Citizens

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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