The FCA's £42.2 Million Awareness Campaign Begins


Posted November 6, 2017 by RosieLeach75

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.

 
London, England – November 06, 2017

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. Moreover, the banks believe that they are bound to receive thousands of PPI complaints once the £42.2 million bank-sponsored awareness campaign begins to air on televisions and its marketing channels.
The awareness campaign has started to air officially from Tuesday, August 29, 2017. This date is exactly two years before the FCA imposed a deadline which is August 29, 2019 on the PPI claims.
Claims made after the deadline will not be entertained. However, this awareness campaign is said to air until the appointed deadline. Furthermore, it is even going to feature various stars from the 90s including Arnold Schwarzenegger.
As the campaign was launched, Arnold Schwarzenegger was seen guiding the people of the UK through his voice on how to know if they were mis-sold an insurance policy. According to banks, they may face thousands to hundreds of thousands of complaints in the upcoming months.
Lloyds, HSBC, Barclays, RBS, and the other 14 banks with the highest complaints regarding payment protection insurance will prepare extra allocations despite admitting they are uncertain regarding the number of complaints they could receive during the time.
If you are among the victims of the mis-selling PPI scandal, it is time to act now before the deadline expires. With the help of ppi.co.uk, you can make a successful claim.
Ppi.co.uk is one such that guides its clients through the entire process of PPI reclaim. They stick by your side until the expected compensation amount is not received.
To know more about the services that they offer, you can visit their website http://www.ppi.co.uk/

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Issued By Rosie Leach
Website iSmart Consumer Services Ltd
Country United Kingdom
Categories Business , Finance , Insurance
Tags claim management , free ppi check , payment protection insurance , ppiclaims management regulator
Last Updated November 6, 2017