Mis Selling
- BusinessAOL
Are you at risk from funeral plan rip offs?
Some companies selling unregulated funeral plans are putting people under huge pressure to buy policies that won't cover the cost of the funeral. It means millions of people are at risk of being ripped off when they buy a funeral plan. See
3-min read - NewsAOL
Pension scams and mis-selling risk from government failings
Pension reforms - giving people more access to the cash in their pensions - have opened the door to scammers, MPs have warned. They say that in the wake of new pension freedoms, people have not been given the help they need to make the right
2-min read - BusinessAOL
Insurers let off the hook over annuity mis-selling
Earlier this year the insurance industry was hauled over hot coals after the City watchdog found widespread mis-selling of annuities but why has it failed to follow up with immediate action continuing to leave pensioners at risk? In February the
2-min read - BusinessAOL
Aviva mis-sold hundreds of annuities. Have you missed out?
Aviva has discovered 250 cases where it sold sick retirees the wrong kind of annuity, and experts have estimated that this could just be a small fraction of the total number affected. If these practices were widespread, then across the industry
4-min read - BusinessAOL
Sainsbury's Energy and British Gas in mis-selling scandal
British Gas has paid £500,000 in compensation to customers over incorrect information they were given when they signed up to join the energy company. Around 4,300 customers were given erroneous information about the savings they could make, and
- BusinessAOL
£1.3bn payout for mis-sold policies
Around seven million people are set to share up to £1.3 billion in compensation after 13 high street banks and credit card companies agreed to offer redress for mis-sold credit card and identity theft protection. The Financial Conduct Authority
- BusinessAOL
Barclays' mis-selling bill rises
Barclays has ramped up provisions for mis-selling by £2 billion as it admitted claims for payment protection insurance (PPI) were failing to slow as quickly as it had hoped. The bank put by another £1.35 billion to cover PPI compensation claims
