Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

[Angry Cat]

Re: Latest updates on PPI Judicial Review and claims on hold

I am not impressed by your recent disparaging remarks, leclerc!

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

http://www.compliancy-services.co.uk...el-tells-banks

Accept judgement and compensate consumers, Consumer Panel tells banks
21 April 2011 at 17:26.

Banks need to accept the High Court’s decision over payment protection insurance (PPI) and compensate customers, the Financial Services Consumer Panel (FSCP) has said.
The High Court yesterday (April 20th) dismissed a legal challenge brought by the British Bankers' Association (BBA) against Financial Services Authority (FSA) legislation that forces banks to retrospectively compensate customers who were mis-sold PPI packages.

However, the FSCP has expressed concern that the BBA will now seek to appeal the decision, leading to a lengthy legal battle.

The panel's Adam Phillips commented: "It would be very disappointing indeed if today's litigation marked the beginning of a long drawn out legal dispute.
"It is time for the banks to stop hiding behind expensive lawyers and to finally give consumers the redress they deserve."

The Financial Ombudsman Service has received over 200,000 PPI cases from consumers, with more than 100,000 of these cases have being received over the last financial year

[charitynjw]

Re: Latest updates on PPI Judicial Review and claims on hold

Blimey, latest news from the Sahara (Global warming, apparently!) pmsl
(Bet the camels have got the hump lol)

[leclerc]

Re: Latest updates on PPI Judicial Review and claims on hold

who you want to view the letter, won't. Who you think will view the letter won't and off course the postage went up recently since the PPI case so the only winners are the Post Office, lol!
Unless you email it, which again means that who you want to view the letter won't and who you think will read the letter won't........there is a pattern emerging here
------------------------------- merged -------------------------------

Hmmm..........leclerc has a nifty way with words - I nominate him as the scribe lol

And as I keep reminding people. if you want me to write a letter for you, then you have more chance of seeing snow in the desert

[charitynjw]

Re: Latest updates on PPI Judicial Review and claims on hold

You daft mare!! Realistically, it serves no purpose whatsoever and apart from allowing a few(rather than thousands) people to vent, it has no real purpose. An open letter to a national newspaper would be better but serve the same purpose.
If you had an angle that a journalist might be interested in then it could be something worthwhile, ie highlighting something but I fear that the time for such a gesture has already passed. I don't think it will work and I don't think it is appropriate or a valid use of your time.

Hmmm..........leclerc has a nifty way with words - I nominate him as the scribe lol

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

You daft mare!! Realistically, it serves no purpose whatsoever and apart from allowing a few(rather than thousands) people to vent, it has no real purpose. An open letter to a national newspaper would be better but serve the same purpose.
If you had an angle that a journalist might be interested in then it could be something worthwhile, ie highlighting something but I fear that the time for such a gesture has already passed. I don't think it will work and I don't think it is appropriate or a valid use of your time.

Hi Leclerc, LOL, yeah that's the thing, it could possibly be a waste of time and effort.
Never mind hey? I suppose to them its just another letter!

[leclerc]

Re: Latest updates on PPI Judicial Review and claims on hold

Just a suggestion......not saying it will work but anything is worth a try lol.
Glad you clarified that bit.
Is there anyway we can put some sort of letter together and send a copy to all involved, FSA/FOS/BBA etc even the courts, to put our opinions forward before an appeal possibly goes ahead.
Why? What purpose does it have? I suspect those sorts of letters are filed in the metalic filing cupboard marked "rubbish".

It may get ignored, but anything maybe worthwhile in the favour of thousands of consumers.
Can't they write their own letters or are they that stupid that they do not know how to write a letter or lack the education to do so?
Call me daft if you want to lol.

You daft mare!! Realistically, it serves no purpose whatsoever and apart from allowing a few(rather than thousands) people to vent, it has no real purpose. An open letter to a national newspaper would be better but serve the same purpose.
If you had an angle that a journalist might be interested in then it could be something worthwhile, ie highlighting something but I fear that the time for such a gesture has already passed. I don't think it will work and I don't think it is appropriate or a valid use of your time.

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

http://www.fsa.gov.uk/Pages/consumer...nt/index.shtml


What the court’s ruling on PPI means for you.


On 20 April 2011, the High Court rejected the British Bankers’ Association’s (BBA) and Nemo Personal Finance Limited’s (Nemo) legal challenge to our payment protection income (PPI) measures.
We introduced these new measures to ensure that customers are treated more fairly when complaining about the sale of a PPI policy. We believe this decision signals the end of years of poor complaint handling and will trigger a dramatic improvement in the way customers are treated when complaining.
However, this is not the end of the process as the BBA and Nemo may seek to appeal the court’s judgment.

What does this mean for your complaint?

Nothing has changed in terms of consumer complaints and you still have the right to complain to your firm about the sale of your PPI policy.
If you are not satisfied with how your firm has dealt with your complaint you can take it to the Financial Ombudsman Service. The ombudsman service is a free, independent service for settling disputes between financial services firms and their customers. You must contact the ombudsman within six months of receiving a response from your firm.
The ombudsman service has a template to register a complaint about PPI, which you can send to the firm that sold you the policy.

Isn’t the whole case over now?

The BBA and Nemo may seek to appeal the court’s judgment.

What was the case about?

The BBA started legal proceedings on 8 October 2010 challenging our ability to insist on new measures, which we introduced to ensure customers are treated more fairly when complaining about the sale of a PPI policy or after making a claim.

These measures include:

• ensuring firms handle complaints properly and offer redress where appropriate;
• explaining when and why firms should review past complaints to identify if there are serious flaws in sales practices that may have affected customers who bought PPI; and
• setting out common sales failings to help firms identify bad practice.

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

If a letter can be arranged by LB, that would be absolutely fantastic!

Its one way of putting our views forward, with the undue distress this have caused thousands of customers who have genuine complaints, and let down big time.
They have to remember who's keeping these banks afloat!

So if they did decide to go to appeal, at least we are getting issues off our chest as well.
Hope it works for us consumers.

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

I have left a message with Amethyst about a letter (as stated above), see what she thinks.

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

Surely Lloyds are not working today are they? :tinysmile_aha_t: (Good Friday).

I just received an email now and its from Customer Care in relation to my query as stated in one of my above posts.


Thank you for your recent e-mail.

I apologise for the delays in responding to your e-mail. I have passed your e-mail onto ****** ****** who will be in contact as soon as possible.

Kind regards,

Lloyds TSB Customer Care.

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

Yes that would be fab if LB could put the letter together on behalf of all consumers.

[debtisbad]

Re: Latest updates on PPI Judicial Review and claims on hold

I note that the arrogance of Ms Angela Knight from the BBA was conspicuous by her abscence (or should that be abcess) from the television news last night!!

regards
Garlok

Yes, she is only interested in her money and that of the banks. She does not care about the people who have been ripped off.

[pompeyfaith]

Re: Latest updates on PPI Judicial Review and claims on hold

Agreed it should be worded from Legal Beagles members.

[Angry Cat]

Re: Latest updates on PPI Judicial Review and claims on hold

Surely, it should be LB who write the letter!