The Consulting Consortium - PPI Calculations

PPI Calculations

Are you involved in the sale of Payment Protection Insurance (PPI)?

Has the FSA contacted you to undertake a thematic review of your PPI sales?

If you can answer YES to either of these questions then you need the skills of The Consulting Consortium (TCC) to help you.

Since starting work on the thematic review of PPI in 2005 the FSA had taken enforcement action against 22 firms (up to September 2009) and had imposed fines of £11.8 million over poor PPI selling practices:

The Financial Ombudsman Service (FOS) has commented in its 2008/2009 report that complaints about PPI from consumers make up 62% of complaints in the insurance category.

Clearly, the FSA and other market regulators see the PPI market as one of the focuses for enforcement, fines and redress exercises in the coming months and years.

TCC can provide assistance to firms, large and small who are involved in the PPI market.

For more information on how TCC can help you cope please call us on 020 7645 8808 or email info@theconsultingconsortium.com
find out how we can help

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020 7645 8808

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our clients say...
"TCC's Frameworker for TCF is an excellent tool. It has helped us demonstrate compliance in a far easier and more cost-effective way than would otherwise have been possible." Mark Din, Moneysupermarket.com
"We have been very impressed with the services provided by The Consulting Consortium Limited. They have a flexible and commercial approach to regulation. We would have no hesitation in using The Consulting Consortium again, as they are truly knowledgeable and professional." AIG DIRECT
"The assistance we received from The Consulting Consortium was greatly appreciated and helped us in preparing for the FSA in a timely and efficient manner." AIG Europe (UK) Limited
further help
The FSA and FOS have stepped up activity in Payment Protection Insurance for 2010 - can you afford to delay? This is likely to cost you money and time - contact us straight away.