BRIEF-Loan insurance remains most complained about UK financial product
April 16 (Reuters) -
* FCA SAYS DATA SHOWED AN INCREASE IN COMPLAINTS FROM 4.29M IN FIRST HALF (H1) OF 2019 TO 6.02M IN SECOND HALF OF 2019.
* FCA SAYS INCREASE IN COMPLAINTS WAS MAINLY DRIVEN BY A 75% INCREASE IN VOLUME OF PPI COMPLAINTS RECEIVED, FROM 2.12M TO 3.71M
* FCA SAYS EXCLUDING PPI COMPLAINTS, MOST COMPLAINED ABOUT PRODUCTS WERE CURRENT ACCOUNTS (10% OF ALL COMPLAINTS Source text for Eikon: Further company coverage: [ ] (Reporting By Huw Jones)
