British Bankers Association has launched fight against controversial proposals
The FSA has insisted it will press ahead with new rules for handling payment protection insurance (PPI) mis-selling complaints, despite a legal challenge by the British Bankers Association (BBA).
In a consultation document published in August, the FSA updated the rules to bring them in line with its business conduct guidelines. This included controversial proposals that mis-selling will have occurred if “reasonable care” has not been taken to ensure policies are “affordable in light of customers’ income and outgoings”.
The FSA said it aimed to start implementing the new rules on 1 December. The BBA hopes the case will be heard by early 2011.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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