Latest news for Financial Services Authority FSA Financial Services Authority FSA news feed from the Invest Differently magazine

FSA forces Mortgage Payment Protection Insurance providers to refund one million customers
(12/10/2009)

As the Financial Services Authority (FSA) forces Mortgage Payment Protection Insurance (MPPI) providers to automatically refund one million customers and reinstate original levels of cover following unfair contract changes, Which? personal finance campaigner, Lucy Widenka, says: “We’re pleased that the FSA has taken action against firms who’ve effectively been selling people umbrellas then trying to take them away at the first sign of rain. Cu... [more]

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