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Trade body ‘concerned’ over plans for big jump in FOS limit


PIMFA, the wealth management and financial advice trade association, has voiced concerns about plans to increase the maximum compensation the Financial Ombudsman Service can demand a financial services firm pays out to £350,000. 


FCA confirms more access to FOS as compensation limit raised

The FCA has today confirmed plans to extend access to the Financial Ombudsman Service to more small and medium-sized enterprises.


160,000 more small businesses may get FOS access

About 160,000 more small businesses may be given access to the Financial Ombudsman Service, the watchdog announced today.


Britons' poor grasp of pension changes puts reforms at risk

A survey by the chartered accountancy firm HW Fisher & Company has found that most Britons have little or no grasp of the raft of pension changes announced this year. 

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