Jump to content

 

BankFodder BankFodder


Andyorch

Claims firms 'will disappear at worst time'

style="text-align:center;"> Please note that this topic has not had any new posts for the last 322 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Up to 80% of financial claims management firms (CMCs) could disappear as regulation of the sector is stepped up, their trade body has warned.

These businesses take on applications for financial compensation - often for mis-sold payment protection insurance (PPI) - and take a cut of any payout.

Their regulation has been switched to the City watchdog, the Financial Conduct Authority (FCA).

 

All claims firms will have to register with the FCA and face new rules.

The move will be welcomed by some who see CMCs as a nuisance.

 

 

By Kevin Peachey Personal finance reporter

 

https://www.bbc.co.uk/news/business-47773582


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...