Category : Search result: FCA compensation


Lloyds sets aside £450m for car finance claims probe

Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.

Lloyds adds £800m to car finance compensation pot

Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.

Lloyds sets aside £450m for car finance probe

Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

Lloyds faces FCA probe over motor finance practices

The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.

FCA probes insider trading in banking shares

The Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.

Millions Could Claim Car Finance Compensation

A major financial investigation reveals up to 7 million British motorists may be entitled to compensation after being overcharged on car finance deals. Discover how to check if you're affected.

NZ compensates Samoa for 2012 ferry disaster

In a landmark move, New Zealand offers a formal apology and NZ$12.7 million compensation to Samoa for the 2012 ferry sinking that claimed five lives, marking a significant moment in Pacific diplomacy.

Louis Tomlinson Targeted by Pension Fraud Scammers

One Direction's Louis Tomlinson becomes the latest victim of a sophisticated pension fraud, with scammers attempting to steal his life savings. Exclusive details on the sophisticated con and a stark warning from financial experts.

FCA censures Admiral over PPI complaint mishandling

The Financial Conduct Authority has publicly censured Admiral Insurance for systematically mishandling PPI complaints, failing to properly investigate claims, and unfairly rejecting customers.

Ombudsman Slams Home Office Over Windrush Claimant Neglect

The Parliamentary and Health Service Ombudsman has issued a damning report condemning Home Office officials for their 'unacceptable' handling of a Windrush claimant's case while she was terminally ill, demanding urgent improvements to prevent further inju

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