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MSE News: Banks put PPI claims on hold in defiance of regulator

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Comments

  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Turboman wrote: »
    Awwwwwwww:kisses3::kisses3:
    Sloppy sod :p:p:p :A
  • marshallka
    marshallka Posts: 14,585 Forumite
    amersall wrote: »
    Sloppy sod :p:p:p :A
    Quiet on here isn't it!! I wonder when the FSA will speak up? Even if cases that are on hold go to FOS no-one will really know anything until after the review really as FOS have a long queue for complaints.

    I wonder why people have stopped posting on here though??
  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    marshallka wrote: »
    Quiet on here isn't it!! I wonder when the FSA will speak up? Even if cases that are on hold go to FOS no-one will really know anything until after the review really as FOS have a long queue for complaints.

    I wonder why people have stopped posting on here though??
    Isnt it just? :D I am waiting for the fsa to get a pair of b***s:mad: and show the bankers they mean business.
    Until i hear from a reliable source, i just look on here to see if there is anything new ;). Maybe others are the same?.
  • The "Money" section in The Times on Saturday had some comments on the banks putting PPI claims on hold...
    "Now that the PPI racket has been blown apart, it appears that Lloyds and others want to wriggle out of having to pay recompense for their disdeeds. This is unacceptable. The situation is made worse by the fact that Lloyds is 41% owned by the taxpayers. One branch of Government is effectively defying the rules laid down by another".
    Also on another forum the following comment has been made...
    "no complaints currently under consideration should be effected by the JR as the ''new'' rules governing complaints handling which are the subject of the Judicial review don't come into effect until December"
    I have forwarded these comments amongst others to my MP and urged you all to contact your local MP also.
  • Alpine_Star
    Alpine_Star Posts: 1,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    NIGELK wrote: »
    The situation is made worse by the fact that Lloyds is 41% owned by the taxpayers. One branch of Government is effectively defying the rules laid down by another".

    I'm not sure how The Times can describe Lloyds and the FSA as branches of Government.

    Lloyds is a Public Limited Company - regardless of who it's shareholders are - and the FSA is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000 and a limited company in it's own right.
  • BANG! halifax hold another 5 of my claims! even though they are post icob! i ask the lady did you know that this is an illegal move? she replied "its the bosses making the actions" i have also just informed the fsa customer contact centre, who told me! "they are aware this is going on" huh!
  • marshallka
    marshallka Posts: 14,585 Forumite
    petecorfu wrote: »
    BANG! halifax hold another 5 of my claims! even though they are post icob! i ask the lady did you know that this is an illegal move? she replied "its the bosses making the actions" i have also just informed the fsa customer contact centre, who told me! "they are aware this is going on" huh!
    Have you sent a written complaint to the FSA?
  • Turboman
    Turboman Posts: 256 Forumite
    amersall wrote: »
    Sloppy sod :p:p:p :A

    Please respect a friendship when I'm walking out with somebody!1:D:D
    aka Calculator

    My grandmother started walking five miles a day when she was 60. Now she's 97 years old and we don't know where the hell she is.

  • marshallka wrote: »
    Have you sent a written complaint to the FSA?

    its on my to do list tomorrow!
  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Turboman wrote: »
    Please respect a friendship when I'm walking out with somebody!1:D:D
    Got no respect me :p:p:p:p:p:p:p :D
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