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The Financial Ombudsman Service (FOS) says it deals with more than 800 complaints a week about payment protection insurance (PPI). Mon 16/03/2009 A spokeswoman said the number they were upholding was "unprecedented." The insurance is supposed to pay out if someone is unable to repay a... Banks make 900% selling PPI Wed 28/01/2009 The massive profits made from selling controversial loans insurance have been exposed by the Competition Commission. The watchdog has revealed that... FSA fines hit record with more to come Tue 06/01/2009 "A record number of fines has been imposed by the City watchdog this year as it cracked down on consumer issues such as mortgage fraud and the... Egg fined £721,000 by FSA for PPI mis-selling- 10 December 2008 Mon 05/01/2009 The Financial Services Authority (FSA) has fined Egg Banking plc £721,000 for serious failings in its sales of payment protection insurance... FSA fines Alliance & Leicester £7million Mon 05/01/2009 The Financial Services Authority (FSA) has fined Alliance & Leicester Plc (A&L) £7 million for serious failings in its telephone sales...