Swinton Group was recently caught misselling Payment Protection Insurance (PPI) by the Financial Services Authority but was let off too lightly, said Vera Cottrell, personal finance campaigner for Which?
The Financial Services Authority imposed a fine of merely £700,000 on the Swinton Group, despite evidence that the fine makes up only one tenth of what the [...]
All Posts Tagged With: "PPI misselling Policies"
Swinton Gets Off Lightly
PPI Misselling Continues Despite Record Fines
Payment Protection Insurance policies, or PPI would appear to generate nothing but bad news. This is due to the fact that these expensive and, some would say, badly designed policies have been mis-sold to people for whom they are not appropriate. This bad press has been exacerbated by various reports detailing just how profitable these [...]
October 11th, 2008 | Catriona | 1 comment | Continued
