PPI complaints jump almost two thirds following £4.9m Arnie-fronted campaign

PPI FCA Arnold Schwarzenegger 2

Consumers have netted a collective £3.7bn since the Financial Conduct Authority began running its Arnold Schwarzenegger-fronted payment protection insurance refund campaign.

The number represents a 64% increase on the previous 10 months. Duped customers have now received over £30bn in combined payouts.

The FCA initially spent £4.9m on production costs for the advertising

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