The House of Lords Financial Services Regulation Committee has released a report urging reform of the Financial Ombudsman Service (FOS). It calls for both the Financial…
City Minister Tulip Siddiq endorses new fees for claims management companies (CMCs) using the Financial Ombudsman Service (FOS).Siddiq’s support follows FOS’s proposal to introduce a £250…
The recent decision by the Payments System Regulator (PSR) to lower the reimbursement cap for Authorised Push Payment (APP) fraud marks a significant shift in the…
The introduction of a £250 fee per case for law firms and claims management companies (CMCs) to bring complaints to the Financial Ombudsman Service (FOS) is…
The UK’s Financial Ombudsman Service has published its latest figures on complaints about banks, insurers and other financial businesses over first half of 2015, which show an…
