The Financial Services Authority has fined the UK branch of Zurich Insurance Plc £2,275,000 for failing to have adequate systems and controls in place to prevent the loss of customers’ confidential information. It took Zurich UK a year to discover the loss.
The Financial Services Authority (FSA) has published a policy statement confirming its package of measures to protect consumers in the Payment Protection Insurance (PPI) market.
Christopher Taylor, CEO London and European, explains the wide ranging benefits of title insurance and how it can help lenders with the security, simplicity and speed of property transactions
Francis Higney looks at the trials and tribulations of the PPI industry as Lloyds stops selling the products ahead of imminent tighter controls
Lloyds Banking Group (including Halifax) has stopped selling Payment Protection Insurance on all its loans, credit cards and mortgages. Instead it will hand out a generic leaflet about PPI.
Jardine Lloyd Thompson (JLT) has launched a scheme to provide increased mortgage lending availability to first-time buyers and others with small deposits who wish to buy new homes built by Bovis Homes Ltd.
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