The Financial Ombudsman Service (FOS) has set a £260m budget for 2021/22 with a compulsory jurisdiction levy of £96m as it predicts a large increase in post-pandemic cases.
The organisation's plan and budget also set a voluntary jurisdiction levy at £1m and a £750 individual case fee for the year - an increase of £100. It said its year‑on‑year "business as usual" costs...
Questions over fairness
More sophisticated scammers
Restitution of £530,000+
PA's Good News Bulletin
Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'Lower than ever reward'