Monthly Archives: March 2011

PPI claims: Welcome Financial Services declared in default by FSCS

The FSCS (Financial Services Compensation Scheme) has declared that WFSL (Welcome Financial Services Limited) is in default after it admitted that it could not pay compensation claims linked to PPI (payment protection insurance) sales. Policy holders that were sold PPI on or after the 14th January 2005 are encouraged to find out if they are eligible to claim.