Biba stands firm on call for FSCS funding changes
The British Insurance Brokers' Association has reiterated its call for a change to the Financial Services Compensation Scheme funding rules before April 2012, after an MP warned the final figure for payment protection insurance mis-selling compensation could hit £4bn.
The call came at a meeting on 9 March at the House of Commons where Jonathan Evans MP, chairman of the All Party Parliamentary Group on Insurance & Financial Services, warned of spiralling PPI claims
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