Regulators hail effectiveness of working together
- Wednesday, 19 April 2023
- Articles
The UK’s financial regulators have claimed that by working together they achieved better outcomes for members of the British Steel Pension Scheme (BSPS) as well as savers thinking of transferring their pensions.
Read more...FOS to freeze case fee at £750
- Friday, 31 March 2023
- Articles
The Financial Ombudsman Service is to freeze its individual case fee at £750 for a third year as its strives to reduce the financial strain of its services on regulated firms.
Read more...FOS to raise maximum award to £415,000
- Friday, 24 March 2023
- Articles
The consumer complaints body the Financial Ombudsman Service is to increase its maximum compensation award from £375,000 to £415,00 from 1 April.
Read more...Ombudsman consults on complaints data
- Monday, 06 March 2023
- Articles
The Financial Ombudsman Service has today launched a consultation on proposed amendments to the way it reports business-specific complaints data.
Read more...