FOS case fees row set for House of Lords

clock

An adviser firm at loggerheads with the Financial Ombudsman Service (FOS) over its case fees is set to petition the House of Lords.

Brian and Dolly Pickering, of Wiltshire-based IFA Heather Moor and Edgecomb (HME), have written to the FOS informing it of their intentions. It follows a ruling by the Court of Appeal in April which stated the case fee system at the FOS was both lawful and reasonable. HME had initially challenged the system arguing it should not have to pay case fees on four complaints made against the firm because they were all rejected. A judge found in HME’s favour in February before the FOS took the case to the Court of Appeal and won. The Court of Appeal also confirmed that the FOS is not requi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Copia launches smoothed managed portfolio range with Wesleyan

Copia launches smoothed managed portfolio range with Wesleyan

Copia Select Smoothed portfolios

Sahar Nazir
clock 22 January 2026 • 2 min read
Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against Whiskey & Wealth Club

Sahar Nazir
clock 21 January 2026 • 2 min read
FOS leadership changes show reforms 'are serious'

FOS leadership changes show reforms 'are serious'

2026 will be a ‘year of material change’ at the Ombudsman

Isabel Baxter
clock 21 January 2026 • 3 min read