Postbox: PPI rule change — a long time coming
News that the Competition Commission has published its final order detailing measures that will reduce the risk of consumers being mis-sold payment protection insurance, and create opportunities for other providers, is to be welcomed. But it's disappointing the prohibition recommendations do not come into force until April 2012.
For years, British Insurance has called for greater transparency in this sector and lobbied providers to better inform consumers — and so treat them more fairly — when selling and pricing PPI. And
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