PPI regulation threat to protection industry

Steve Devine, chairman of trade body Protect, has warned the industry not to underestimate the magnitude of the FSA and Office of Fair Trading's current consultation regarding PPI. He feared the potential side effects of its outcome and urged protection industry members not to miss the brief opportunity to respond. "It is a really big threat," he told COVER. "I don't think people realise how big the scope is and I'm worried they will think ‘It's just PPI bashing and nothing to do with us'. "It's not very long and in danger of being overlooked, especially as at first glance it ap...