Insurance

Insurance planning

Manchester claims company recovers £128m for customers

First Target Recoveries (FTR), a Manchester-based financial solutions company, has successfully recovered more than £128m for thousands of people who were mis-sold PPI.

The claim specialist has backed victims of the insurance scandal throughout the UK, successfully retrieving 69,000 compensation pay-outs since 2011, and is on track to support in returning up to £10bn to those affected.

Helping in its heartland, First Target Recoveries has successfully reclaimed £1.8m in mis-sold PPI for residents of Manchester, recovering an average pay out of £3,181, over £1,000 more than the national average claim of £2,000.

Chris McCabe, group associate director at First Target Recoveries, said: “We are delighted to have successfully claimed such a significant sum for over 69,000 people, nationwide.

“With a deadline now in place to reclaim mis-sold payment protection insurance, it is more important than ever for people who believe they may be entitled to a claim to act before the deadline passes. 

“There is £10bn waiting in banks for people who may not be aware that they have a claim and we encourage them to get in touch with First Target Recoveries to recoup what is rightfully theirs.”