FCA more than doubles FOS award limit to £350,000
- Friday, 08 March 2019
- Articles
The FCA has today confirmed that the Financial Ombudsman Service will soon be able to require financial services firms to pay £200,000 more compensation to consumers and businesses.
Read more...FOS takes on more than 92,000 cases in Q3 2018/19
- Wednesday, 06 February 2019
- Articles
The Financial Ombudsman Service (FOS) has reported it took on close to 93,000 new complaints in the period October-December.
Read more...FOS funding ‘will need to change’ says FCA
- Tuesday, 15 January 2019
- Articles
The current level of funding and the financial structure of FOS will have to change, FCA chairman Charles Randell told the Treasure Committee today.
Read more...FOS seeks input on 2019/20 strategy and budget
- Monday, 17 December 2018
- Articles
The Financial Ombudsman Service (FOS) has today published a public consultation about its proposed strategic plans and budget for the financial year 2019/20, together with an update on numbers for the current financial year (2018/19).
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