Plans to increase the FOS award limit may have largely been greeted with dismay but, writes Tim Sargisson, the actions of the FCA are arguably a measured response to what it sees - and necessary for consumer protection
The news from the Financial Conduct Authority (FCA), confirmed in PS19/8, increasing the award limit for the Financial Ombudsman Service (FOS) was greeted with dismay by many in the advice profession....
Incorporating SM&CR into company culture
'Strong client focus'
Until Woodford suspension ends
Latest news and analysis
Our weekly heads-up for advisers