Insurance Post

PPI bill set to become “colossal”

jonathan evans mp

Jonathan Evans, chair of the All Party Parliamentary Group on Insurance Financial Services, has warned that the final figure for payment protection insurance mis-selling compensation could end up as high as £4bn.

Speaking in the opening session of the group's inquiry into the Financial Services Compensation Scheme, Mr Evans said that "a significant figure is going to become a colossal figure."

He added that an

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