Which? response to the Financial Services Authority (FSA) fine to Card Protection Plan Limited (CPP) for mis-selling

Which? executive director, Richard Lloyd said:

“This is yet another shocking example of mis-selling in the financial sector. We have seen one scandal after another, from PPI mis-selling to libor-rate rigging, where consumers have been let down on an industrial scale. ID theft insurance and card protection policies are poor value for money and consumers were mis-led about the benefits. “