FOS sees rise in PPI complaints
The Financial Ombudsman Service (FOS) said it dealt with a total of 925,095 queries from consumers in the last financial year – a 46% increase on the previous financial year.However, it said it resolved a record number of disputes (166,321) and in 50% of these cases, consumers were awarded compensation.It did highlight, though, that [...]
Publ.Date : Wed, 19 May 2010 08:41:26 +0000

Students to face higher interest rates on loans
The Russell Group, which represents 20 elite, research-intensive universities, has suggested that graduates may have to start paying back their student loans earlier and at a higher rate of interest, in order to prevent a major funding crisis.Following an official review of student finance and fees, the group warned that the financial sustainability of the [...]
Publ.Date : Fri, 14 May 2010 09:23:32 +0000