Payment protection insurance (PPI) remains the most complained-about financial product, with arbitrator the Financial Ombudsman Service receiving up to 4,000 PPI cases each week.
In the year to 31 March 2016, it received 188,712 PPI complaints in total, which equates to 56% of all new complaints made to the Ombudsman over that time frame.
Source Moneywise http://ift.tt/1Z2rj9I
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