New PPI ruling - deadline pushed back

BillyBills

I've seen in the media that a case at Manchester county court recently means that the terms under which we can reclaim PPI are changing? 100% of commission may have to be paid back so previously rejected cases can be reopened and reclaimed. Will this mean the current PPI claims deadline of 29th August will be pushed further back or removed altogether?

[Deleted User]

No. And there's no change in the Plevin ruling.

You need to fund your own day in court if you think you have a case.

Nasqueron

The PPI Plevin case in Manchester has been covered already on this site, it does not push back the deadline for PPI complaints it just affects the odd Plevin case in a very specific set of circumstances

dunstonh

I've seen in the media that a case at Manchester county court recently means that the terms under which we can reclaim PPI are changing? 100% of commission may have to be paid back so previously rejected cases can be reopened and reclaimed.

No. The FCA have confirmed that the Manchester court decision will not change anything. (neither the way PPI redress is calculated or the deadline). Indeed, the Manchester case is expected to be appealed as the judgement is different to all the other cases that have gone previously.

There are some cases being placed on hold if they relate to regular premium PPI and the firm previously was only using point of sale as the date and not the payment period. However, this is a very small number of cases. The FCA consultation period on those is about 3 months from now.