PPI broker goes into administration
Share
An insurance broker whose main focus was providing payment protection insurance has gone into administration.
The Financial Services Compensation Scheme has confirmed that Wilmslow Financial Services Ltd has been put into administration.
It says it is currently investigating how it can help customers who have lost money through dealing with the firm and says customers do not need to contact the FSCS.
The FSCS says it will publish an update on Wilmslow Financial Services as soon as more information is available and adds that the FSCS protection for insurance broking is 90% of any eligible claim with no upper limit.
If you enjoyed this article, sign up here to receive daily email updates from Mortgage Strategy and Follow @mortgagestrat
Readers' comments (3)
Nick | 25 May 2011 10:41 am
The FSCS says it will publish an update on Wilmslow Financial Services as soon as more information is available and adds that the FSCS protection for insurance broking is 90% of any eligible claim with no upper limit.
and paid by the rest of us!!
Unsuitable or offensive? Report this comment
Robin Banks | 25 May 2011 2:49 pm
Wilmslow FS, one of the big broker names of the '90's !
Unsuitable or offensive? Report this comment
Anonymous | 25 May 2011 7:01 pm
For those with a longer memory, was an even bigger name in the 80's under Rupert Webb's drive and guidance.
Unsuitable or offensive? Report this comment