PPI

Gen Z need more help with pensions - PPI

The Pensions Policy Institute (PPI) has urged policymakers and pension providers to adapt to help Gen Z’s retirement prospects which it warns will be hit by their ‘unique’ financial pressures.
Pension savers lose track of 3.3m pots worth £31bn

The total value of ‘lost’ pension pots - pensions which have become ‘disconnected’ with their owners - increased by £4.5bn from £26.6bn to £31.1bn between 2022 and 2024, by the Pensions Policy Institute (PPI) has revealed in a new report.
Lloyds sets aside £3.2bn for PPI redress
Half of all FOS complaints bought by third parties
Barclays profits fall to £2.6bn due to PPI scandal
FOS receives 900 PPI complaints a day
Lloyds Banking Group sees £3.3bn loss due to PPI
Banks pay out £215m in PPI compensation
Defaqto says protection offers opportunities despite PPI woes
PPI redress totals almost £2bn in 2011, says FSA
Lloyds makes loss of £3.5bn in 2011 mainly due to PPI claims
Barclays tops Ombudsman complaints list for second half of 2011
FSA issues guidance for firms contacting PPI victims
Financial Ombudsman Service confirms 2012/13 budget of £191m
PPI causes financial services redress to more than double to £2bn
PPI Summit held to improve claims process
Government urged to regulate PPI claim firms
Lloyds records £439m loss after high PPI redress claims
Banks set aside further £10bn in PPI redress
PPI redress reaches £5.4bn for consumers

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