A Community Network for Bowes Park and Bounds Green
If the ongoing scam telephone calls in respect of PPI were not enough, for some the saga goes on........
The Supreme Court decided (12 Nov ember 2014) that if a customer is not told fully about the amount of commission earned on an insurance product and who receives the commission then that could create what is called an 'unfair relationship' between the insurer and the client and that could mean the whole contract was void.
This wide ranging judgement over a PPI case was announced but the Financial Conduct Authority has still not decided exactly how this court decision will be implemented - either for current sales or for PPI compensation.
Click For Money Saving Expert Article
Click for UK Supreme Court Press Summary
BBC Radio 4 Money Box, 4th July
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Connecting the communities of Bowes Park and Bounds Green in north London.
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