Theresa May MP alerts Chancellor about LloydsTSB mis-selling in her Constituency

March 18th, 2015 by

Ian Taplin,the active Lloyds Bank Whistle Blower presented new evidence to the FCA alleging  Lloyds TSB   mis-selling financial products to their poorer and more vulnerable customers in a systemmatic and planned fashion.

Mr Taplin,resident of Maidenhead ,Berkshire met with an FCA Panel on February 6th 2015 and presented his allegations with new evidence supporting his claims of systemmatic mis-selling to LTSB poorer customers from 2000-2010.Mr Taplin previously presented evidence to a FSA Panel in October 2012.

The FCA have confirmed they have reopened their enquiries  as a “major investigation” which is being closely managed by  Tracy McDermott FCA Director; whom also supervised the investigation into the original complaint of Oct 2012.

Mr Taplin whom is an active member of Whistle Blower support groups has been strongly supported by his Member of Parliament Theresa May MP ;whom has met with Mr Taplin on 13 occasions .Mr Taplin remarks;-

“Theresa has met with me on 13 occasions and we have 5 hours of discusions concerning the subject of Banking conduct in her constituency of Maidenhead and in particular the way LloydsTSB sold financial products to its poorer customers -is of great concern to the Home Secretary.”

Theresa May wrote to Mr Taplin on Decemeber 17th 2014 ;-

“I have decided to raise the matter with Tracy McDermott-Executive FCA Board Member ;and Andrea Leadsom ,the Economic Secretary to the Treasury

“In my letter to the Economic Secretary ,I referred to my conversation with the Chancellor of the Exchequer ,who suggested I raise the case with her.I asked if she could look into the matter and comment”

Mr Taplin alleges LloydsTSB undertook deliberate and planned  systemmatic mis-selling of financial products to the Bank’s poorer and more vulnerable communities.Mr Taplin whom worked for LloydsTSB 2005-2010 in  Lloyds Private  Bank and was fired for whistle blowing in August 2010.

Ian Taplin the Lloyds Bank Whistle Blower


On request from a FCA Director Mr Taplin is also compiling a Formal Complaint – which  alleges Lloyds Bank  Directors and the HR Staff used  intimidation, bullying,and issued threats to Mr Taplin ;and whom purposely obstructed Mr Taplin as a public interest whistle blower.

Ian Taplin, former British Army Infantry Officer and Recipient of the Army Bursary Scholarship also added;-

“Working for Lloyds TSB was a highly unpleasant experience .I witnessed systemmatic mis-selling on a huge scale and the Bank managed its staff through threats and fear.

“We believe as many as 1 million LloydsTSB customers were mis-sold certain products and the probable  compensation bill could be between £5bn -£10bn”

“In Maidenhead, we estimate that at least 6,000 local people could be affected and Theresa May is concerned about the manner in which LloydsTSB conducted itself in her own Constituency and this conduct being unresolved in the lead up to the Generel  Election campaign 2015.

March 21 2005

Posted as comment







Public Interest Whistle Blower sets out to raise £5,000 to support friends in need

April 30th, 2014 by

Lloyds Bank Whistle Blower sets out to raise £5,000 for Whistle Blower Charities.

Mr Taplin,the active Lloyds Bank Whistle Blower,whom worked for Lloyds Bank 2005 -2010 is a Founder Member and Trustee of the well regarded “Whistle Blowers UK”support group -explains;

“Anyone whom saw Dr Kim Holt in February this year tell Parliament that NHS Whistle Blowers are still unprotected and continue to suffer unjust detriment -will hopefully understand why we need to support Kim and her Charity-Patients First.

“Whistle Blowers UK also need more financial stability as we grew and become more effective in mutual support of British Whistle Blowers ;and in our advocacy work to improve UK Whistle Blower’s legal protections.”

” WBUK CROSS COUNTRY 5000 2014.”

Aim ;to attempt to cycle from Caister on Sea ,Eastern Cape ,Norfolk to Edinburgh -500 miles unsupported

May 3-14 2014.

Target £5,000 to be split 50% between Whistle Blowers UK and Patients First (PF).

Want to help out?

Contact me via or the WBUK and PF websites as above.

Best wishes

Ian Taplin

April 30 2014





FCA tell Theresa May MP -Lloyds Bank are being investigated for new mis-selling scandal to it’s poorer customers.

June 20th, 2013 by

The Financial Conduct Authority have written to the Home Secretary, Theresa May MP confirming that Lloyds Bank are being investigated by the regulator on whistle blowing allegations of a new widespread mis-selling to LTSB customers.

On April 30 2013, the Home Secretary, received a letter from the FCA Director of Supervision, Clive Adamson, whom confirmed that Lloyds were subject to FCA probes into LTSB mis-selling to poorer UK customers ;and were focusing on investigating Lloyds selling  practices .Clive Adamson confirms Lloyds were being scrutinised on whistle blowing claims for  “mis-sold products to customers based upon wealth and income”

On June 14, 2013, the FCA Company Secretary , Simon Pearce, wrote directly to Ian Taplin  confirming Lloyds Bank were subject to “enquiries ” concerning his whistle blowing allegations of a new widespread mis-selling .

Ian Taplin is an active   Lloyds Bank Whistle Blower and alleges up to 1 million UK citizens were mis-sold life insurance products.

One of his main concerns  relate to the way poorer and more vulnerable  LTSB customers were treated when compared with the Bank’s more wealthy customers ;and, for example, were seemingly being denied the same access to cheaper life insurance products -which were being  offered to the richer clients.

“Essentially I took issue with LTSB, as to why poorer customers were being sold life insurance products, which could be up to  40% more expensive than the same products  being offered the richer customers”

“LTSB were seemingly penalising their customers  for being poorer.

“Life insurance costs and premiums are set by health age and gender criteria and not on the fact you are poorer or richer.

“In some cases the poorer LTSB customers  were apparently paying over £10,000 more than richer customers for asking for the exact same advice within the same regulated bank”

“Many of these life insurance products were sold with LTSB mortgages and were underwritten for up to 25 years.

“So we are talking about substantial financial commitments being made by LTSB poorer customers for a lengthy time period.

“I have shared evidence with the FCA that Lloyds seemingly breached UK regulatory law which is based upon the Principles of treating customers  fairly, in a transparent manner,and in the customers’ best interest.

“Also  it seems that Lloyds were discriminating against their  customers for their lack of wealth which contravenes Article 14 of the European Convention on Human Rights” which enables British citizens the right to have a private and family life, free from any discrimnation”

“There are several other related complaints to my whistle blowing actions which are concerned with apparent alarming distortions in the way LTSB seemingly treated poorer customers when compared with their more wealthy customers.

“The Life insurance LTSB mis-selling claim  is just one example of many such apparent distortions.”

Ian Taplin,a former Army officer ,worked at Lloyds Private Bank and Wealth Division from 2005 to 2010 and was fired for insisting his whistle blowing concerns were dealt with.

He claims he has refused 3 offers of a financial settlement which invariably contain gagging clauses.

A Lloyds Senior Director wrote to Ian Taplin in November 2010 confirming that such offers were  made for “commercial” considerations.

He estimates that Lloyds may be facing a new liability of up to £5bn.

He claims that Lloyds may have to face mis-selling claims which could result in an average pay out of £5,000 – to as many as 1 million LTSB customers.

“We have shared evidence  with the FCA that LTSB seemingly abused the trust of it’s poorer and more vulnerable customers on a massive and nationwide scale for years – possibly for as long as 10 years.-from 2000-2010 and maybe longer.

“The present and former Lloyds Senior Leaderships  were made aware -formally and in writing – of my whistle blowing claims ,but have refused to act.”

Ian Taplin is also a Founding Member of Whistle Blowers UK -the influential network which offers mutual support for whistle blowers.

Written as honest comment.

Santa says Happy Xmas and move your money

December 25th, 2012 by


Happy Xmas says Santa

2012 ;the Year of the Bent Banks

December 21st, 2012 by

Merry Xmas

2012; the year of the Bent Banks.

Compiled and researched by Ben Walsh; Reuters.

Additions by Ian Taplin;Whistle Blowers UK.

21 12 2012.

Bank of America:

the US Justice Department is seeking $1 billion in fines for troubled loans sold to Fannie and Freddie; MBIA’s lawsuit against Countrywide, which was disastrously acquired by BofA, rolls on; BofA is one of five banks participating in the $25 billion national mortgage settlement. (Price to book: 0.56, here and throughout via Yahoo Finance)

Bank of China:

the families of Israeli students killed in a 2008 terrorist attack are suing the BOC for $1 billion “intentionally and recklessly” handling money for terrorist groups.

Bank of New York Mellon:

a subsidiary paid $210 million to settle claims it advised clients to invest in Bernie Madoff’s ponzi scheme; the DOJ continues to investigate possible overcharges for currency trades that it says generated $1.5 billion in revenue. (Price to book: 0.86)


$450 million settlement in the Libor scandal; also fined by the FSA for mis-sold interest rate hedges. (Price to book: 0.72)


Roll up Parliament and pack it away; no longer needed.

December 16th, 2012 by

Roll up Parliament and pack it away.

Let me introduce you to Nikki Turner whom I have invited to write as a guest contributor and fellow founder of Whistle Blowers UK.

Nikki’s letter was posted on Ian Fraser’s Blog site.Ian is one of our best journalists on matters of banking fraud.

Here is Nikki’s letter.

Dear Mr Cameron: Please explain why bankers are now considered above the law

December 15th, 2012

An open letter to David Cameron, the Prime Minister of the United Kingdom of Great Britain and Northern Ireland, from Mrs N Turner

Dear Mr Cameron,

I and many other people were stunned by the quotes from Mr Andrew Bailey, the chief executive-designate of the Prudential Regulation Authority, which were reported in the Daily Telegraph yesterday (December 14th, 2012).

Mr Bailey seems to have confirmed that, irrespective of their criminal actions, banks are not only “too big to fail”; they are also “too big to prosecute”. In an interview with the Telegraph, Mr Bailey said that prosecuting banks and by implication their executive and non-executive directors,

“would be a very destabilising issue. It’s another version of too important to fail. Because of the confidence issue with banks, a major criminal indictment, which we haven’t seen and I’m not saying we are going to see… this is not an ordinary criminal indictment.”

Mr Cameron, unless I am completely mistaken, Mr Bailey seems to be telling us that banks, and therefore bankers, are now officially considered to be above the law in this country and that, in the interests of confidence in the banking industry (which is already at rock bottom among the British public, and therefore can hardly sink any lower), they cannot be prosecuted.

I am writing to ask you, as Prime Minister, for some clarification.


Whistle Blowers are us

December 15th, 2012 by


British Whistle Blowers are organising at London Launch on 12 12 12.

November 24th, 2012 by


The Launch of Whistleblowers UK

Whistleblowers UK would like to invite the press, members of the public, students and all interested parties to its official launch on Wednesday 12 December at 12.30 at City University London.

Whistleblowers UK is a new and unique not-for-profit organisation devoted to the support and defence of Whistleblowers. The purpose of Whistleblowers UK is to champion the importance, and critical role of whistleblowers in a democracy. The organisation is composed of whistleblowers from every walk of life, their immediate supporters and those considering alerting the public to issues of public importance.

Many of those with the courage to speak out have experienced great difficulties and faced personal retribution when they’ve exposed cruelty, injustice or corruption. Whistleblowers UK will provide a network of support, legal advice and other services needed by those who have had the courage to speak out and do the right thing. Crucially, it will also offer experientially based advice to those considering what course to take.


Leading whistleblowers, their lawyers and supporters will be attending and will be available to answer questions about their new organisation.

Whistleblowers UK has been featured in several media publications since September, including The Economist and the Financial Times.

If you are a member of the press and would like to arrange interviews with any of the whistleblowers or would like more information, please call: 020 7040 8220.

Venue and registration details:

The launch will take place from 12.30-2.00pm in the Oliver Thompson Lecture Theatre at City University London, EC1V 0HB (Please use the main Northampton Square entrance to University Building).

The launch is free to attend but registration is required. To register please fill out this online form with your name and how many places you are booking for.

Sent on behalf of Whistleblowers UK
Minal Patel
Training & Research Officer

Centre for Investigative Journalism
Department of Journalism, City University London
Northampton Square, London, EC1V 0HB

t:  +44 (0) 20 7040 8220

FSA ask back the Lloyds Bank Whistle Blower -a second time -to tell all .

September 7th, 2012 by

The Lloyds Bank Whistle Blower

The Financial Services Authority-the FSA-have asked to see the Lloyds Bank Whistle Blower,Ian Taplin,for a second time in 2 months;which is an indication of how seriously the regulators regard the Whistle Blowers allegations of serious misconduct at senior levels-within Lloyds Bank.

Ian Taplin, 54,a Private Banking Adviser was dismissed from LTSB Wealth and Private Bank in 2010 for gross misconduct-for insisting his Complaints of misconduct were taken seriously;and for persisting in his escalation of his complaints to senior levels.

The manner in which I,as a British citizen-an employee and genuine Whistle Blowing -was treated by a British Company -right here in the UK -is alarming.Lloyds Bank acted as if our laws were non-existent.

Ian  Taplin accuses Lloyds Bank of ignoring UK  legislation-which is meant to protect whistle blowers; he explains ;-

“The manner in which Lloyds deal  with an employee whom is Whistle Blowing and supposedly protected by UK Law -is frightening and deeply worrying. (more…)

Did grief prompt Bob Diamond to write a poem for his Barclays staff?

July 5th, 2012 by

"Those were the days" My Barclays friends!"

Dear friends,

When Bob Diamond left the Barclays HQ in Canary Wharf for the very last time – apparently the entire Barclays workforce became distraught .

This outpouring of collective corporate grief seemingly  prompted Bob-suffering his own grief- to write a poem in their honour;-

“Those were the days my Barclays  friends!”

” I love Barclays so much,

That I have forsaken the only job,

That meant anything to me.


Barclays is about the people,

My friends,

My Barclays friends,

Who day in, and day out,

Do their level best

To serve,

And to help.


Sign Up To Our Newsletter

Enter your Email Address and receive the latest posts fresh from the oven!

Ian Taplin

Ian Taplin, 53 ,a British Citizen- is Whistle Blowing on UKs largest Bank, Lloyds Bank .

Ian Taplin worked at Lloyds Bank from 2005-2010 and was then unlawfully fired for insisting his Complaints alleging dishonest actions by Senior Directors were properly dealt with.

He believes he has substantial and robust evidence of fraud and corruption -being tolerated by Senior Directors of Lloyds Bank.

These Senior Directors obstructed Ian Taplins Formal Complaints and then proceeded to intimidate and bully Mr Taplin who refused to withdraw his Complaints.

Ian Taplin will be submitting Formal Complaints to the UK Regulator and the UK House of Commons in 2012. He plans to lawfully publish these Formal Complaints on this site.

He has been fully supported by Theresa May MP, the Home Secretary and Senior Government Minister.

Ian Taplin is the Lloyds Bank Whistle Blower. Check out his background on; He can be contacted at