Payment protection insurance (PPI) is, once again, the most complained-about product so far this financial year, the latest Financial Ombudsman Service figures reveal.
The Royal Bank of Scotland crisis is now into its ninth day and could last into next week, though the group claims it has solved most of the problems for its 17 million beleaguered customers.
Lloyds Banking Group (LBG) has caved in to huge public and media pressure by announcing it will offer new policies to its pet insurance customers whose animals have a medical condition, after the bank originally axed cover.
Savers not warned when their rate is due to dive following the end of a fixed term could be due compensation, following a ruling by the independent arbitrator.
A group of mortgage holders face an unprecedented rise in home loan costs after Manchester Building Society decided to raise tracker rates for existing borrowers, even if the base rate remains unchanged.
Compensation paid to victims of payment protection insurance (PPI) mis-selling is likely to have passed the £3 billion mark since the start of last year, official figures indicate.
5 April 2012
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