FCA has published details of a scheme it has agreed with Card Protection Plan Limited (CPP) and 13 high street banks and credit card issuers to allow customer redress for mis-sold CPP Card Protection and Identity Protection policies. Although CPP and the banks and card issuers have agreed the scheme, and customers should soon start receiving letters explaining it, the scheme must be approved by the customers who hold the relevant policies and by the High Court before it can make any payments. FCA expects the scheme to be able to pay out in spring 2014. (Source: FCA Agrees Redress Package for Mis-sold CCP Products)