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The PPI deadline - help with FCA instrument implementing the new rules

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  • The PPI deadline - help with FCA instrument implementing the new rules

    Could do with a bit of deciphering

    The Ombudsman cannot consider a complaint which;

    a) relates to a sale of PPI make before 29 August 2017

    on condition that;

    the complaint:
    (i) is made on or after 29 August 2019;
    (ii) relates to the sale of a payment protection contract that was live as at 29 August 2017;

    I'm not sure on that 'was live' part ?

    And is it basically saying that any PPI sold before 29 August 2017 cannot be complained about with regards misselling ?

    So if you were sold PPI insurance today, then in three years when you get into trouble paying and find out you had PPI,and it was missold - you can't complain ? That's doesn't seem right so I'm thinking I'm reading the document incorrectly.
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  • #2
    Re: The PPI deadline - help with FCA instrument implementing the new rules

    Missed this last week - appeal denied ( wefightanyclaim etc)
    - https://www.fca.org.uk/news/statemen...aints-measures
    #staysafestayhome

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    Received a Court Claim? Read >>>>> First Steps

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