The Financial Ombudsman Service (FOS) is to make further cuts to its operating budget in the coming financial year and has frozen its levy at £23.3m.
Its proposed Plan and budget for the next financial year (2015/2016), released on 6 January, showed the organisation will reduce its operating budget from £253.7m to £220.7m for 2015-2016 as it anticipates...
Fifth this year
Four published FOS decisions
RICS to remove MUC guidance
Football fans vulnerable
UK Buffettology Smaller Companies investment trust
Follows govt advice
7, 8 and 9 October
The chair of the Financial Conduct Authority (FCA) Charles Randell has promised to “transform” the regulator in the wake of three separate financial scandals, independent reviews of which are set to be completed soon and are expected to provide “difficult...