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FSA’s PPI investigation shows shocking but unsurprising results says Which?

Which? says that the recent PPI investigation carried out by the FSA is shocking but unsurprising.

Commenting on the update on PPI principal researcher Mike Naylor says: Which?, says: “The results of the FSA investigation are confirm that many financial companies aren’t complying with the new regulations that have been in effect since January this year.

“There’s a real danger that many people have been sold unsuitable policies, are paying more than they thought or don’t realise they won’t get a lot of their money back if they cancel the policy.”

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