FOS to freeze case fee at £750
- Friday, 31 March 2023
- Articles
The Financial Ombudsman Service is to freeze its individual case fee at £750 for a third year as its strives to reduce the financial strain of its services on regulated firms.
Read more...FOS to raise maximum award to £415,000
- Friday, 24 March 2023
- Articles
The consumer complaints body the Financial Ombudsman Service is to increase its maximum compensation award from £375,000 to £415,00 from 1 April.
Read more...Ombudsman consults on complaints data
- Monday, 06 March 2023
- Articles
The Financial Ombudsman Service has today launched a consultation on proposed amendments to the way it reports business-specific complaints data.
Read more...FOS uphold rate steady at 35% as complaints rise
- Thursday, 16 February 2023
- Articles
The Financial Ombudsman Service’s uphold rate has remained steady at 35% despite a rise in new enquiries and complaints about financial products.
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