The Financial Ombudsman Service (FOS) is a body that investigates financial complaints about regulated firms and can award compensation of up to £150 000. Yet, it is characterised, at least in the ...

Letter: Iain Ramsay draws attention to the enhancing financial services bill and the influence of finance industry lobbying in proposed reforms that could be affect consumers ...

Complaints to the financial ombudsman have reduced in recent months, following a period of “extraordinary demand”, according to the service. The Financial Ombudsman Service (FOS) said it received ...

The number of complaints about financial firms where the ombudsman was called on to step in has fallen to its lowest level in more than a year, with fewer gripes recorded about issues such as ...

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A HUGE change is kicking in from this month that could end up costing savers more if they make a complaint. From April 1, the Financial Ombudsman Service (FOS) has begun charging third-party claims ...

Share this Share on Facebook Share on Twitter Share on LinkeIn The Financial Ombudsman Service will be reformed so more cases can be dismissed and either thrown out or resolved by other means, for ...

After successfully rolling out and bedding in its cloud-based human resource (HR) and finance system, the Financial Ombudsman Service (FOS) is now digging into its functionality. In November 2021, ...

Financial Ombudsman Service to start charging claims firms – but you can still complain yourself for free The independent Financial Ombudsman Service (FOS) – which settles disputes between ...