Liverpool Victoria Banking Services to pay £840,000 fine plus compensation to PPI customers following FSA investigation (UK Financial Services Authority)
August 3rd, 2008
The Financial Services Authority (FSA) has fined Liverpool Victoria Banking Services Limited (LVBS) £840,000 for serious failings in the sale of single premium Payment Protection Insurance (PPI). The penalty was imposed for failings in relation to PPI offered to customers who telephoned LVBS seeking unsecured personal loans between 14 January 2005 and 8 August 2007.
Categories: PPI News


