FOS plans £44m increase in budget as cases rise
- Wednesday, 15 December 2021
- Articles
The Financial Ombudsman Service is planning to increase its budget by £44m to £283.8m in 2022/23 to cope with an expected increase in more complex cases.
Read more...FOS sees 30% increase in money transfer scams
- Wednesday, 24 November 2021
- Articles
The Financial Ombudsman Service has seen a 30% increase in complaints about “authorised” payment scams in the second quarter of this financial year compared to the same period last year.
Read more...FCA staff to meet with BSPS victims
- Wednesday, 10 November 2021
- Articles
Financial Conduct Authority staff are making another trip to Wales to meet steelworkers who could be due compensation due to unsuitable DB transfer advice.
Read more...FOS costs rise as waits lengthen
- Friday, 29 October 2021
- Articles
The average cost per case for the Financial Ombudsman Service (FOS) has risen to £1040 in 2020/21 from £920 the previous year.
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