- Banks should actively seek out and compensate victims or relatives of deceased victims to tune of £15bn, consumers say
- Study reveals widespread suspicion of banks as a result of £25 billion PPI scandal
Some 70% of people believe that banking executives involved in the mis-selling of payment protection insurance (PPI) should face criminal charges, a new survey has revealed.
The study, commissioned by leading PPI claims company Forbes Douglas, also found that nearly two thirds of people (62%) want the Government to force banks to actively track down and compensate those who have been mis-sold PPI without needing their customers to complain first. The same percentage of those surveyed believe that the living relatives of deceased victims should receive the money that banks made from the controversial practice.
In cases where the victims of PPI mis-selling are deceased, 18% of people said that determining who is entitled...