‘Mis-selling’ not limited to PPIs

About half of all people who were mis-sold payment protection insurance were also sold CPP insurance, according to research by solicitors McHale Muldoon.

In Ireland there were more than 340,000 payment protection insurance policies sold to customers, a large number of which were sold to unsuitable clients.

CPP sold an identity protection insurance product to customers that would cover consumers if their credit cards were cloned. However, most card issuers such as Visa and Mastercard already provided this cover.