Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......
There is no relationship between when the FSA took over insurance regulation in 2005 and the consideration of pre 2005 PPI complaints by the Ombudsman under GISC.
The FOS was established in 2001 (the same year that GISC came into effect) and although they are accountable to the FSA it’s a bit of a myth that they didn’t and don’t consider cases of PPI that applied to the GISC era prior to the FSA regulating insurance under ICOB & ICOBS.
Originally posted by Angry Cat
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There is no relationship between when the FSA took over insurance regulation in 2005 and the consideration of pre 2005 PPI complaints by the Ombudsman under GISC.
The FOS was established in 2001 (the same year that GISC came into effect) and although they are accountable to the FSA it’s a bit of a myth that they didn’t and don’t consider cases of PPI that applied to the GISC era prior to the FSA regulating insurance under ICOB & ICOBS.
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