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A mortgage PPI

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Comments

  • dunstonh
    dunstonh Posts: 120,181 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The FOS sided with the broker as expected in a old boys network

    Most broker complaints get rejected. That is to be expected as brokers generally have better audit trails and mostly provide the decent types of PPI. Not the types of PPI with problems.

    You were told on this thread that your complaint didnt seem to have much going for it. It turned out that was the case.

    Saying its an old boys network is daft. Most FOS staff do not hold financial services qualifications and have never done the role and have never met the people involved. Brokers/advisers account for under 1% of PPI complaints and most of them are rejected. PPI is not generally viewed as a broker/adviser issue.
    but now going for a Pelvin about it and will let everyone know
    Dont hold your breath on that. Most broker arranged PPI is well below the tipping point. Typically around 27%.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • This thread is a blast from the past. Whatever happened to "Added Value Bob" :mad:(and Magpiecottage:( ) ?
  • Don't know about VAB, but Magpie has never returned from an extended holiday . .
  • -taff
    -taff Posts: 15,411 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Oh....

    Unless they new user named....
    Non me fac calcitrare tuum culi
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