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

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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





Santa says Happy Xmas and move your money

December 25th, 2012 by


Happy Xmas says Santa

Chapter 8.Is Lloyds Bank Britain’s Vampire Squid where greed and fear rule OK?

November 18th, 2011 by
Is Lloyds Bank Britain’s Vampire Squid?

The story of the plight of Mr and Mrs Green continues. This story is based
on true events and is narrated by the son of Mr and Mrs Green.

In Chapter 5, Readers will recall that my parents, Mr and Mrs Green, inherited £800,000 so they went down to their local Lloyds’s Branch to see their local friendly adviser. They had previously invested £30,000 with him.

I subsequently learnt that my parents decided to invest the £800,000  with the adviser.It appears he had advised the £800,000 be invested into one Investment Bond.


Chapter 7 ;Lloyds Bank,it’s ethics, and the £64,000 question-Part 2.”

November 1st, 2011 by

The story of the plight of Mr and Mrs Green continues.*

In Chapter 5, we learnt that Mr and Mrs Green inherited £800,000 and went to see their local LloydsTSB adviser for advice .

In this chapter, we will learn more about the alarming story of how Lloyds Bank allowed their trusting customers, Mr and Mrs Green to be poorly advised -which meant that they overpaid £64,000 charges and unnecessary tax.


Chapter 6;Lloyds Bank,it’s ethics and “The Unfolding Story” so far.

October 29th, 2011 by


This website is shedding a light on the ethics of Lloyds Bank.

The “Unfolding Story” is the main theme of this website. The “Unfolding Story”,Chapter by Chapter, is taking the reader on a journey through the eyes of former Lloyds Bank employee who was fired, unlawfully, for whistle-blowing.

It is the story of how Lloyds Bank Senior Directors treated an employee who dared to question certain practices within the bank and dared to challenge certain Senior Directors.

The “Unfolding Story” in each Chapter , describes what actually happened to the Lloyds Bank employee who made formal complaints about what he maintains are examples of fraud, corruption, the abuse of the bank’s customers and the abuse of staff.

The “Unfolding Story” will also relate to the reader- true life examples of bullying intimidation and threats against an employee who was acting as the law of the land demands*.

This “Unfolding Story” is a gripping saga of what really goes on in UK’s largest Retail Bank; told for the public, in the public interest and for the public welfare in our democracy.

The “Unfolding Story is a live unique publishing phenomenon.”

Chapter by Chapter the story unfolds.

110,000 hits in just a few short weeks.



Chapter 5 ;Lloyds Bank ,its ethics, and the £64,000 question?

October 12th, 2011 by

Dear reader,

Lets start today by asking some pertinent questions

In Chapter 4 I asked how is that Lloyds Bank clients pay £18,000 charges for investment advice when far more  suitable and tax efficient advice was available ,within the same bank at 75% less cost?

In this two part article I am going to tell you a story ,based on a real life incident whereby Lloyds Bank  customers paid £64,000 in charges and in tax which were completely avoidable and more suitable advice was available within the same firm.The advice the Lloyds bank customers received was inferior and incomplete.What is exactly going on at Lloyds Bank?

Why do the senior leadership of Lloyds Bank appear to allow this type of client abuse to go on? There is substantial evidence that the senior sales and compliance directors in Lloyds Bank are fully aware of such abuses and have done nothing to prevent it. Why is this?

Why do Lloyds Bank claim to be committed to the “highest ethical standards” in their codes of conduct when this is evidently not true ?

What if I told you abusive treatment of clients is, I believe, common within Lloyds Bank ? (more…)

Chapter 4;Do Lloyds Bank’s unethical sales practices abuse their clients trust and break the law?

October 5th, 2011 by


The Lloyds Bank branch in a Thames Valley Town.

A  Lloyds Bank whistle-blower describes how Lloyds Bank’s clients paid £18,000 charges for investment advice, when far more suitable advice was available, within the bank, at 75% less cost.

Mr Taplin,who is a graduate of Sandhurst and Keele University, maintains that Lloyds Bank have persistently  broken UK law by ignoring the Principles of the Financial Services and Markets Act 2000.

“This is just one example of Lloyds failing to adhere to the regulatory principles of treating clients, fairly honestly and in a transparent manner. Over the next few weeks I will describe more examples of what I believe are clear breaches on the law which is designed to protect the interests of the customer.

Ian Taplin, whose recently launched this website which has attracted  48,,000 hits in just one month, has decided to publish his experiences  when he worked for Lloyds Bank 2005-2010 in the Wealth and Private Banking Divisions.

” Unless Lloyds Bank and the other UK High Street banks take their regulatory responsibilities  seriously, many more national scandals of mis-selling will occur – such as the Payment Protection Insurance scams.I came across examples of professional misconduct which have not been properly investigated despite my submitting several formal complaints with the leadership of Lloyds Bank.

“Because of the public’s  concern about banking abuses ,it is an opportune time to publicly expose what really goes on in Lloyds Bank and whose antics, I believe would shock the nation.The behaviour  of certain Lloyds Bank staff ,including senior Directors ,need much more effective scrutiny about the  way clients are seemingly abused; and how staff are bullied and intimidated when raising their concerns about such abuse.

“There is huge public interest in the way British retail banks behave and the way senior bankers have paid themselves obscene bonuses on the back of unethical and questionable practices.

Mr Taplin  explains  he is lawfully using this website as a public interest  spotlight to reveal how he believes  Lloyds Bank abused the trust of the British public and how the Senior leadership of Lloyds Bank have failed to fulfill their legal ethical and moral obligations . ” (more…)

Chapter 3;Lloyds Bank Staff mistrust of each other suggests an embedded corruption.

September 28th, 2011 by

Gutter Lane is next to the Lloyds Banking Group HQ in the City of London


Former Lloyds Bank employee Ian Taplin, has turned whistle blower in his campaign to expose what he believes is a poisonous atmosphere of mistrust between staff at Lloydtsb; the retail part of Lloyds Bank.

“When I was a regulated Investment Adviser at Lloyds Private Banking and Wealth divisions –2005-2010, I came across several worrying incidences of bank staff mistrusting each other; and such mistrust directly affected the bank’s customers and the advice they received; and the charges and costs imposed upon the customers.

“I believe such incidences amounted to an embedded corruption; and in some cases such mistrust suggested fraudulent behaviour.

“I honestly believe unscrupulous sales staff deprived other staff of client business which directly affected performance targets, bonuses, and staff income. In a technical sense it is internal fraud as such behaviour had a direct consequence on staff members’ livelihoods and remuneration.

“On several occasions I was warned by managers and other sales staff that certain sales staffs were not to be trusted. These warnings suggested the sales staff, under such suspicion, were “stealing” business from other staff; and abusing the trust of their clients.

“Not one manager saw fit to report to report their concerns to the Lloyds Bank Compliance staff.” (more…)

“Chapter 2.How can we trust Lloyds Bank when they can’t apparently trust themselves?”

September 13th, 2011 by


We know that lack of trust is a corrosive force in our national lives, rotting away at our confidence and in our ability to properly govern ourselves with high ethical standards- as a mature democratic nation.

“Trust” is a big word in our language, heavy with importance, laden with meanings of importance in our everyday relationships.

The Oxford English Dictionary quotes “firm belief in honesty…reliance on the truth of a statement…confidence and faith in another person.”

In March 2011 Helen Weir, the Executive Director for Retail at LloydsTSB, quietly left the bank with no compensation beyond her contractual entitlements. The new Chief Executive Senor Horta- Osorio had effectively fired her within two weeks of his taking over his new role at the Lloyds Banking Group. Her total remuneration, it was reported, in 2009 totalled £1.8 million*; and in 2010-her  pay was to total £1.7 million**.  (more…)

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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