FOS

Three senior Ombudsmen - including chief executive Natalie Ceeney - receive bigger annual pay packets than Prime Minister David Cameron.

Hector Sants is encouraging Arch cru investors to take the FSA-brokered 70% payment deal and has warned against attempts to get a better return through the Financial Ombudsman or the courts.

The Financial Ombudsman (FOS) has put on hold all complaints related to Lehman-backed products sold by Meteor Asset Management while it investigates "a greater issue" around the firm and claims against it.

Claims management firms (CMCs) have 'exploited' payment protection insurance (PPI) complaints, according to the Financial Ombudsman Service's (FOS) legal director.

Meteor Asset Management has agreed to repay a couple £20,000 they invested in one of its Lehman-backed products in a landmark out-of-court settlement.

So after two years, thousands of FOS claims, the support of two MPs, and a Prime Minister who wasn't even in the post when the debacle began, Arch cru investors have some kind of answer to the question ‘Will I ever get my money back?"

The Financial Ombudsman Service (FOS) has hit out at the FSA for not intervening to tackle the Payment Protection Insurance (PPI) problem sooner and criticised the industry for being addicted to regular mis-selling scandals.

An IFA has decided to itemise future client invoices to show how much of his bill relates to regulatory costs, after his FSA levy doubled this year.

The Financial Ombudsman Service (FOS) has managed to reach several Final Decisions against IFAs over Arch cru, so why is it stalling on any investigation of the fund's multi-million pound authorised corporate director, Capita?

Do you have experience of strategic decision-making and a commitment to the ethos, values and independence of the Financial Ombudsman Service (FOS)?