Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
PPI claims: Banks 'should be focused on customer needs'

Money lenders and similar institutions should be more focused on the needs of their clients, chair of the Financial Services Consumer Panel Adam Phillips said at the Westminster and City Advice Gap Conference.

The lack of pension savings in the UK could leave older people susceptible to struggling with bank charges and credit card claims, with the expert pointing out the shortfall in protection policies and investments is leaving people "running substantial risks of severe financial hardship" in retirement.

A total of 12 million people employed within the private sector cannot guarantee that they will receive a pension beyond that provided by the state, the body pointed out.

Furthermore, millions more are unsure of how much they ought to set aside so they can avoid struggling with bank charges when they are pensioners, it continued.

However, from October 1st 2012, the majority of workers will be automatically enrolled into a workplace pension scheme.

Amir Hussain
Amir specialises in personal loans, consumer debt and debt management.ADNFCR-2776-ID-801396013-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide