News

The FOS should be the last resort if you have a complaint about a regulated financial product or service. The first step is to complain to your provider in writing either by email or letter to ...
Upholding a Financial Ombudsman Service ruling against a Sipp provider ... such as the FSA’s thematic review on Sipp providers]. “The FOS concluded there was a duty to look beyond mere ...
Sipp provider Curtis Banks has suggested regulatory information from the Financial Ombudsman Service (Fos) could provide a valuable insight into how well a firm is run and the investments they hold.
The Financial Ombudsman Service has confirmed it is dealing with just under 40 open cases against collapsed Sipp provider Lifetime ... property scheme Harlequin. FOS can only deal with complaints ...
The FOS said while the use of credit cards has increased, consumer complaints show that not everyone is happy with the service they receive – in particular, people believe financial providers should ...
at the expense of smaller and more innovative providers.” A spokesperson for the FOS says: “Since the Financial Ombudsman Service was set up we have helped millions of consumers resolve their problems ...
Financial service providers must deal with any complaints within eight weeks ... you can take it to the Financial Ombudsman Service (FOS). The FOS has the power to award up to £415,000 against an ...
A recent Financial Ombudsman Service (Fos) ruling against a Sipp provider that accepted business from an unregulated introducer could see swifter settlements being reached rather than ...
Anthony Harrison says rebalancing the FOS fee model should cut the number of frivolous and poorly evidenced claims ...
The Financial Ombudsman Service (FOS) and its 4,000 staff are embarking on a digital transformation journey as the 20-year-old dispute resolution service faces an increasing workload. About one ...
The figure was confirmed in the FOS’s strategic plan and budget for ... “If anyone isn’t happy with how their complaint to a financial provider has been dealt with, they can come to our service with ...
The head of the Financial Ombudsman Service (FOS) has effectively been forced out of the role after losing the confidence of ...