UK banks to revisit 2.5 million PPI settlements

The UK Financial Conduct Authority has asked banks to revisit 2.5 million mis-selling complaints where customers were not treated justly

Martin Wheatley

The UK Financial Conduct Authority (FCA) pushed to expand the scope of the payment protection insurance (PPI) mis-selling investigation still further today by ordering UK banks to revisit 2.5 million complaints that may not have been properly handled.

The regulator's chief executive Martin Wheatley explained: ""Making sure anybody previously mis-sold PPI is treated fairly now, and paid redress where its due, is an important step in rebuilding trust in financial institutions. In around two-and-a

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