The year 2012 saw an unprecedented amount of Payment Protection Insurance complaints made by the UK public. Millions of Britons who were the victim of Mis-sold PPI begun and complete the compensation claim process during the calendar year.

The Advertising Standards Authority acts after complaints against company illegally contacting Britons over PPI Claims.

The Financial Ombudsman Service (FOS) has today revealed that they have received twice as many complaints regarding Payment Protection Insurance (PPI) as they expected this year.

Payment Protection Insurance is a form of financial insurance sold alongside a loan, credit card or mortgage. PPI is supposed to help the people in time of need.

The Citizens Advice Bureau (CAB) has released its latest report on the claims management market and how it deals with PPI claims. It is calling on the government to stamp out bad practices that it says are rife in the claims sector.