• You do not need to use a claims management company to make your complaint to your bank, and if your complaint is not successful you can refer it to the Financial Ombudsman Service yourself for free.

PPI Deadline - 29 August 2019

THE CLOCK IS TICKING…

  • The Financial Conduct Authority (FCA) announced the PPI August deadline on 2nd March 2017.
  • This means that consumers have until the cut off date of 29th August 2019 to make a PPI complaint, should they wish to do so.
  • If you believe you were mis-sold PPI, you must submit your claim to your bank/lender by this date.
  • Over £23 billion has already been repaid**, but this figure could be just a fraction of what may still be owed.
  • Even though the deadline is a way off, don’t delay. From August 2017 the FCA will spend millions marketing the cut-off, which is likely to cause a flood of new claims, which in turn could clog up an already overstretched system.

  • Wilson Morris is no longer accepting any new claims. Should you wish to make a claim you can either contact your lender directly or for further advice please visit the FCA Website

     

 

More details of the PPI deadline can be found at www.fca.org.uk/ppi 

  

 

 

 

 ** Financial Times "PPI Claims Boosted by value of interest payouts" April 8 2016