Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

FSA notes continuing rise in PPI complaints

The payment protection insurance (PPI) scandal is continuing to push up the overall number of complaints made about financial service providers.

According to the Financial Services Authority (FSA), there were a total of 3,577,599 complaints received during the first half of 2012, representing a 59 per cent increase on the previous six months.

Furthermore, 62 per cent of all complaints, or 2,232,294 overall, related to PPI claims, which is a 129 per cent increase on figures for the second half of 2011.

However, the number of people who contacted the FSA about current account problems fell by 13 per cent during this timeframe, although savings and other banking products realised a two per cent rise.

"We do not want to keep hearing of instances, such as PPI, where consumers think they had to buy a product or protection on another product when they did not need it," managing director of the FSA Martin Wheatley recently said.

Jennifer Haines
Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-801458510-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 
Post Code 
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 number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, 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