Consumer watchdog warns against 2018 deadline for PPI claims

Which? says date set by Financial Conduct Authority is ‘ill-judged’, adding that banks should be making the compensation process ‘simpler and fairer’The City regulator’s plan to set a 2018 deadline for payment protection insurance claims is “ill-judged” and would set a dangerous precedent, according to consumer body Which?Last year the Financial Conduct Authority set out plans to impose a two-year time limit on PPI claims, drawing a line under the financ