Financial Ombudsman Receives Record Numbers of PPI Complaints

Posted by & filed under Banks, Financial Regulators, PPI, PPI Scandal.

This year the Financial Ombudsman Service released reports which show that they had received over 40,000 more complaints during the period of July to September after banks rejected customer’s claims for compensation. Nearly 60% of the rejected complaints that were forwarded from the banks were overturned in favour of the consumer. Complaints about other products… Read more »