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Financial Ombudsman Service

FOS sets £291m budget for 2022/23 for transformation

Regulation

FOS sets £291m budget for 2022/23 for transformation

Improving productivity and customer satisfaction

clock 30 March 2022 • 4 min read
FOS compensation limit increasing to £375,000 on 1 April

Regulation

FOS compensation limit increasing to £375,000 on 1 April

Current limit £350k

clock 21 March 2022 • 3 min read
Financial advice market failed to protect BSPS members - National Audit Office investigation

Your profession

Financial advice market failed to protect BSPS members - National Audit Office investigation

47% of advice deemed unsuitable

clock 17 March 2022 • 6 min read
FCA introduces CMCs fee cap

Regulation

FCA introduces CMCs fee cap

‘Changes could save consumers £9.6m a year’

clock 01 March 2022 • 2 min read
SIPP operator Corporate & Professional goes bust over FOS claims

Regulation

SIPP operator Corporate & Professional goes bust over FOS claims

Linked to FOS decisions

clock 02 February 2022 • 1 min read
FSCS declares British Steel and Elysian Fuels-linked adviser firm in default

Your profession

FSCS declares British Steel and Elysian Fuels-linked adviser firm in default

17 claims against Channel One FP

clock 27 January 2022 • 3 min read
Caveat emptor? bdhSterling told to compensate knowledgeable client over unregulated scheme

Regulation

Caveat emptor? bdhSterling told to compensate knowledgeable client over unregulated scheme

Loss of £123,000

clock 04 January 2022 • 3 min read
SJP compensates client for lack of advice fee clarity and delayed service

Your profession

SJP compensates client for lack of advice fee clarity and delayed service

Client was left to borrow from family

clock 17 December 2021 • 3 min read
FOS pension and investment complaints 'significantly' higher in 2020/21

Regulation

FOS pension and investment complaints 'significantly' higher in 2020/21

'Life-changing sums of money'

clock 10 November 2021 • 2 min read
Scam complaints rise 66% amid cryptocurrency fraud - FOS

Regulation

Scam complaints rise 66% amid cryptocurrency fraud - FOS

Quarterly FOS figures

clock 24 September 2021 • 1 min read
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