Editor’s Column: More mini-bond misery but why?
- Friday, 24 April 2020
- Articles
So here we go again, another saga getting under way about unsuspecting ‘mini-bond’ investors being ripped off.
Read more...FOS confirms max comp to rise to £355,000
- Wednesday, 08 April 2020
- Articles
The Financial Ombudsman Service is to increase its maximum compensation award for 2020/21 to £355,000 per case, a £5,000 increase on 2019.
Read more...PFS backs FCA action to keep lid on fees
- Tuesday, 07 April 2020
- Articles
The Personal Finance Society has welcomed the FCA’s freezing of 2020/21 fees for small firms but warned that the Coronavirus outbreak could force up compensation costs and hit advice firms hard without major reform.
Read more...FOS to use £24.5m of reserves to freeze levies
- Wednesday, 01 April 2020
- Articles
The Financial Ombudsman Service will use £24.5m of its reserves to freeze its levies for the 2020/21 financial year.
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