PPI advice.....small or large company....?

Pyatshaws

Hello...post number 1....so looking for some advice.

Is it more likely you'll have a successful ppi claim if you were working for a smaller company with barely no redundancy policy or death in service etc.....or a much larger company with pension, death in service, interest free loans available. Or doesn't it make a difference?

Turns out, give or take a couple of weeks, I was in the process of moving between the 2 companies when the credit card and ppi was started.

Thanks

[Deleted User]

Pyatshaws wrote: »

Is it more likely you'll have a successful ppi claim if you were working for a smaller company with barely no redundancy policy or death in service etc.....or a much larger company with pension, death in service, interest free loans available. Or doesn't it make a difference?

It depends on your complaint reasons. If you claim you were mis-sold on the basis that you already had excellent work-related benefits then you'd have to be able to prove these were available to you at the time of the original sale. If you had just started the job, it sounds unlikely that such benefits would have been immediately available to you.

dunstonh

Is it more likely you'll have a successful ppi claim if you were working for a smaller company with barely no redundancy policy or death in service etc.....or a much larger company with pension, death in service, interest free loans available. Or doesn't it make a difference?

Size of company makes no difference. Company benefits makes the difference. With credit card and loan PPI, things like 6 months full pay, 6 months half pay can aid you complaint (not with MPPI though). Some big employer have no more that statutory sick pay. Some small employers have very good benefits and vice versa.

Insider101

Pyatshaws wrote: »

Hello...post number 1....so looking for some advice.

Is it more likely you'll have a successful ppi claim if you were working for a smaller company with barely no redundancy policy or death in service etc.....or a much larger company with pension, death in service, interest free loans available. Or doesn't it make a difference?

Turns out, give or take a couple of weeks, I was in the process of moving between the 2 companies when the credit card and ppi was started.

Thanks

If the sale was carried out on an advised basis then employee benefits ought to have been considered when making a recommendation. If it was non advised it makes no difference.

That said, they would only consider employer benefits that are of relevance to your need for PPI. Basically this means sick pay or if you have contractual entitlement to redundancy benefits (or you're a police officer who can't be made redundant). Things like pensions, death in service and season ticket loans are pretty well irrelevant to the argument.

magpiecottage

Insider101 wrote: »

if you have contractual entitlement to redundancy benefits

I have yet to see a contractual entitlement to redundancy benefits (as opposed to an intention or a confirmation of statutory redundancy benefits) because to do so makes the benefit taxable.

Insider101

magpiecottage wrote: »

I have yet to see a contractual entitlement to redundancy benefits (as opposed to an intention or a confirmation of statutory redundancy benefits) because to do so makes the benefit taxable.

Yes, there is that as well.