FOS cases up 20% year on year to nearly 200,000
- Friday, 12 July 2024
- Articles
![FOS CEO Abby Thomas](/media/k2/items/cache/0bb0a040df8e18fa39937c6ba1f3d3b0_Generic.jpg)
Consumer complaints received by the Financial Ombudsman Service in its 2023/24 year rose by 20% year on year to reach nearly 200,000, the FOS said today.
Read more...PIMFA urges higher FOS case fees for CMCs
- Wednesday, 03 July 2024
- Articles
![PIMFA's Simon Harrington](/media/k2/items/cache/04fd00251cfbc75d2e39e9f2f01b1c6b_Generic.jpg)
Wealth management trade body PIMFA has urged the Financial Ombudsman Service to push up proposed cases fees for CMCs to better share the burden of costs between between claimants and firms hit by a complaint.
Read more...FOS complaints jump by 20% in 6 months
- Wednesday, 01 May 2024
- Articles
![Abby Thomas, chief executive and chief ombudsman at the Financial Ombudsman Service](/media/k2/items/cache/11626bfc353c1bb078157c2cebd3a9dd_Generic.jpg)
The Financial Ombudsman Service received a total of 95,349 complaints between 1 July and 31 December 2023 compared to 79,921 complaints in the same period in 2022.
Read more...FOS increases maximum award limit
- Monday, 08 April 2024
- Articles
![FOS website](/media/k2/items/cache/547fbbcc49d2983467cf06ee52450d97_Generic.jpg)
The Financial Ombudsman Service (FOS) has increased its maximum award limit from £415,000 to £430,000.
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