People who could be owed thousands of pounds have two more years to complain, a significant new advertising campaign will warn today. The adverts will target people who are tired of claims-chasers trying to make money from the scandal. The payment protection insurance (PPI) scandal has cost financial institutions more than £40 billion. About 12 million people have successfully claimed compensation but the Financial Conduct Authority (FCA) said tens of millions more policies could still qualify for redress without the holders being aware. Megan Butler, the FCA head of supervision, told the BBC:…

Source: The Times August 29, 2017 07:52 UTC