Redress Calculations

The Consulting Consortium can help you with Redress calculations – It is clear that the FSA and other market regulators see the PPI market as one of the focuses for enforcement, fines and redress exercises in the coming months and years.

We have handled case sizes from the one off individual case in small businesses right up to thousands of cases for larger providers.

Our Redress Calculations help and advice take into account:

• Analysis of calculations software needs
• Data requirements
• Processing and Workflow Management
• Calculation auditing and trail
• Calculations – any basic principles
• Complex cases and any issues
• Practical redress issues
• Optimising of systems
• Legislative, regulatory and analytical updates
• Verification testing of calculation software
• Output report requirements
• System construction
• Consultancy Compliance and complaint handling issues