administrator's blog

I have been commenting for sometime that the law is changing. Not the law so much as the way in which we all get access to legal service. Gone are the days of £200 an hour and apologizing to the solicitor for taking up their precious time. We are in the days of Tesco Club card points and a generation who insist on service and lower prices.....

Thsi website has got my attention. www.lawontheweb.co.uk and I have mentioned it previously. You will see they are doing all they can to be disruptive to the 'stuffier' side of the legal profession and there are even rumours that they will be publishing a law library for FREE. thats right - you did not mis-read - taking 300 legal documents which lawyers currently sell for £40-£120 each and putting them all online for free.

They also have a tonne of information of every legal area...proper legal informationw which tells you what you need to know.

see:

Law on the Web has been given a face lift. If you are not familiar with thsi web site it is probably the oldest private legal website in the UK, 1998....and has been cited in virtually every major news channel as an authority from the BBC to the Royal Navy to the Good Web Guide.

You will see why. It has Free excellent information so you can avoid expensive legal costs. Check it out....

Main Webpage - http://www.lawontheweb.co.uk/
Wills - http://www.lawontheweb.co.uk/Wills
Probate - http://www.lawontheweb.co.uk/Probate
Employment law - http://www.lawontheweb.co.uk/Employment_Law
Family law - http://www.lawontheweb.co.uk/Family_Law
Road Traffic Law - http://www.lawontheweb.co.uk/Road_Traffic_Law
Personal Injury Claims - http://www.lawontheweb.co.uk/Personal_Injury
Find a Solicitor - http://www.lawontheweb.co.uk/Find_a_Solicitor
Conveyancing - http://www.lawontheweb.co.uk/Conveyancing_and_Property_Law

LLoyds stops selling PPI due to Claims

The Telegraph

PPI: Barclays to appeal against point-of-sale ban
Barclays is to appeal against a ban on lenders selling payment protection insurance at the same time that the underlying loan is sold.

Barclays is contesting the findings of a 23-month investigation by the Competition Commission on PPI. The commission said in January that lenders shouldn’t sell PPI at the same time as a loan. It also banned single-premium PPI, when the repayments on the credit and the insurance premiums are shown as one sum.
“The main area of concern is the point-of-sale ban which, it is felt, is not justified by the evidence that has been provided,” Barclays said in a statement. “Additionally, the scope of the market definition set by the Competition Commission is being challenged.”

Barclays isn’t challenging the whole of the commission’s report. It’s asking the tribunal to make the commission reconsider the ban and pay its costs.
PPI, which generates as much as £5.5 billion of annual revenue for British banks, is sold to cover payments on loans and mortgages in case of sickness or unemployment. The product has come under scrutiny from regulators including the Financial Services Authority, which decided in February to ban single-premium PPI.
The Competition Commission said: “We’ll defend our case vigorously and, given that we’ve identified what we think are long-standing problems with the PPI market, we’ll want to minimise any delay this causes to implementation of the remedies.”
Barclays has already stopped selling single-premium PPI after 20 FSA enforcement cases, one of which resulted in a £7 million fine on Banco Santander's Alliance & Leicester for aggressive sales.