Chris U’Dell

Shaking up the Insurance Industry

FSA Clamp down on PPI Misselling

The Financial Services Authority (FSA) has recently fined Liverpool Victoria Banking Services (LVBS) £840,000 for misselling Payment Protection Insurance (PPI).
See the full story at Insurance Daily
 

Mortage rates set to rise

Despite Gordon Brown’s recent efforts to kick start the economy the headlines in this weekends edition of FT Weekend read “Brokers warn of further rises in mortgage rate“.
According to the FT brokers expect the two year fixed rates to increase in the coming weeks and that consumers will not benefit for at least 3 months. […]