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Financial Ombudsman Service

Regulation

Top PPI mis-sellers face £55m costs

The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.

clock 06 January 2012 •

Regulation

AIFA says new FOS funding model a 'better deal' for advisers

The Association of Independent Financial Advisers (AIFA) has hailed the increase in the ombudsman's free case fee threshold as a positive move for IFA firms.

clock 06 January 2012 •

Regulation

Publishing more FOS rulings could boost CMCs - ILAG

The Investment and Life Assurance Group (ILAG) has warned that increased publishing of decisions made by the Financial Ombudsman Service (FOS) could be a boon for claims management companies (CMCs).

clock 14 December 2011 •

Regulation

PPI redress soars to over £750m

The payment protection insurance (PPI) mis-selling scandal has cost the financial services industry more than three quarters of a billion in redress payments to customers in the first three quarters of the year.

clock 28 November 2011 •

Regulation

Ombudsman signals higher levies as PPI claims soar

The Financial Ombudsman Service has hinted at higher levies for the industry as a result of another spike in payment protection insurance (PPI) claims.

clock 21 November 2011 •

Individual

Individual PMI: A testing experiment

With the medical insurance sector in a state of flux, Owain Thomas dons the white coat and protective glasses to scientifically investigate the issues.

clock 21 October 2011 •

Term Assurance

Health and protection disputes jump steeply

Protection and health insurance complaints to the Financial Ombudsman Service (FOS) leapt sharply in the second three months of the year.

clock 18 October 2011 •
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