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FOS £150k compensation cap may be raised

The £150,000 compensation limit the ombudsman can impose on finance firms could be increased after a review was launched today.

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UCIS: Rule changes lead to investors questioning advice

FCA rule changes surrounding unregulated collective investment schemes have led to some investors reviewing their existing arrangements and questioning the advice they were previously given, the FOS says. Read more...

FOS Chief Ombudsman Ceeney steps down after 4 years

The Financial Ombudsman Service announced today that after almost four years with the ombudsman service Natalie Ceeney is stepping down as Chief Ombudsman. Read more...

PPI sees complaints to the Ombudsman soar to record levels

Total complaints received by the Financial Ombudsman Service increased by 75 per cent in the three months to the end of 2012. Read more...
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