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FOS receives hundreds of ‘ambulance chaser’ complaints

The Financial Ombudsman Service (FOS) has received hundreds of complaints about the activities of claims management companies (CMCs) – so-called ‘ambulance chasers’.

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FCA says regulating ‘ambulance chasers’ to cost £17m

The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.

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