PPI fees. Need help.

Recently received settlements from Claimeazy on 2 PPI claims.  I have been charged over 40% in fees.  After paying fees I found out government capped fees at 20% in July 2018.  Does this mean any payouts made after this date will only be charged 20%fees?

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  • SpiderLegs
    SpiderLegs Posts: 1,914
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    Did you employ these professionals before or after July 2018?
  • dunstonh
    dunstonh Posts: 115,638
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    The July 2018 date was a line in the sand for new contracts signed after that date. Not those before that date.
    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.
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