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PPI complaint deadline looms

calendar15 August 2019

PPI complaint deadline looms

The financial regulator, the Financial Conduct Authority (FCA), has set a deadline for Payment Protection Insurance (PPI) complaints: 29 August 2019.

Christians Against Poverty is supporting the Financial Conduct Authority’s (FCA) campaign by helping to remind people about the deadline and by sharing important information with its audiences including how to check if you had PPI and how to make a complaint.

The FCA has also introduced a new basis on which to make a PPI complaint based on how much commission was paid to whoever sold the PPI policy.

CAP's CEO, Matt Barlow, said, 'Making a decision about whether to complain about PPI is an important one and we at CAP are here to provide our clients with any support they may need in order to make that decision.'

Emma Stranack, FCA’s PPI Deadline Campaign Lead, said: “Simply put, if you haven’t complained to your provider by 29 August 2019, you won’t be able to claim money back for PPI – so you should make your decision as soon as possible. Checking if you had PPI is simple and free. Don’t worry about paperwork, you only need your date of birth and relevant previous addresses.”

For more information on PPI and to find out what this means for you we recommend visiting the FCA website at fca.org.uk/ppi, or contacting their helpline on 0800 101 8800.

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