To put an end to the PPI mis-selling scandal, the Financial Conduct Authority (FCA) decided to launch a campaign. This campaign is effective from October of this year.
On behalf of all the Claim Management Companies, “We Fight Any Claim” firm took an initiative to apply for a judicial review on the deadline that was imposed on the Payment Protection Insurance (PPI) claims.
With the start of a 2 year countdown for making a claim compensation for PPI and because of the new ruling, it is likely that all claims-even the ones that were turned down-would be successful.
According to ICO, many customers felt threatened and harassed because of the automated calls from the firm and these were made for more than a four-month period.
Financial Conduct Authority (FCA) confirmed that they deem that, in general, the package of offers on PPI complaint laid out in their consultation must be taken ahead.