PPI FSA fine Hadenglen and its CEO

    The UK Financial Services Authority has imposed a fine of GBP133,000 on Hadenglen Home Finance, a mortgage broker, for inadequate systems and controls when recommending re-mortgages and payment protection insurance to customers....
PPI Competition Low

    Distributors face “little substantive competition” when selling payment protection insurance, initial reports from the Competition Commission reveal. The commission has today unveiled a consultation document detailing emerging thinking on its PPI market, although...
Payment Protection Insurance Still Being Pushed

    Some banks are still trying to palm costly payment protection insurance (PPI) policies onto consumers, a new Which? Money probe reveals today. Its undercover investigation found that NatWest and Royal Bank of Scotland...
MORTGAGE PPI BROKER IS FINED OVER IRREGULARITIES

    A mortgage broker has been fined for encouraging people to remortgage their homes, even when it meant incurring excessive fees. The Financial Services Authority (FSA) fined Ashby firm Hadenglen Home Finance £133,000 and...
PPI Customers Considered Bad Risk

    High Street banks and building societies don?t want to offer Payment Protection Insurance (PPI) to consumers on a standalone basis ...
PPI Debt Problems on the rise

    Debt problems are on the increase. Credit is already harder to come by; many fixed-rate mortgages will soon convert to more expensive variable-rate loans; and the Credit Services Association, which represents debt...
Claim Back PPI, British consumers owed £1,000s

    Planned compensation claims by up to 70,000 consumers who believe they have been missold payment protection insurance (PPI) may rid the market of rogue sellers, according to CETA. The insurance network...
PPI, FSA raps broker’s knuckles

    City watchdog, the Financial Services Authority (FSA), has fined Hadenglen Home Finance Plc (Hadenglen) £133,000, and its chief executive £49,000, for inadequate systems and controls when recommending re-mortgages and Payment Protection Insurance...
Do Get PPI From Your Mortgage Advisor

    As I thought when taking out a mortgage, every thing would have to go through your provider. Research by the Post Office has shown that by purchasing cover through your mortgage provider we...
Name And Shame ? Income Protection Insurance Providers You May Wish To Avoid

    No one wants to do business with people who have been found to be trading unfairly, writes Burgesses ...