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claims management companies

One would think that, after the revelation that more than GBP1,000 million had been collected by form fillers providing entirely unnecessary services for those claiming PPI refunds, the market would have died. Maybe you'd have thought that the action against those pretending to be official websites would have discouraged others from doing something similar. And, of course, there's law that spamming individuals is a crime. Welcome to Magnetise Media Ltd which says it's registered by the Claims Management Regulator and listed by the Ministry of Justice. Hopefully Trading Standards and the Information Commissioner have files, too.

BIScom Subsection: 

In the UK, there is an epidemic of advertising and other forms of marketing by companies who then pass leads to firms ( which, these days, are often companies not firms) of solicitors. Their advertising is annoying and sometimes misleading; but there are practices that are downright unethical and borderline (or perhaps over the border) illegal. Can the practice be prevented? Perhaps it's time to wind back the clock on fee sharing.

CoNet Section: