FOS

An adviser firm at loggerheads with the Financial Ombudsman Service (FOS) over its case fees is set to petition the House of Lords.

Mortgage brokers and lenders will find it difficult to defend themselves against a rising tide of mis-selling claims, according to city law firm Reynolds Porter Chamberlain (RPC).

Lord Hunt should have conducted a more comprehensive review of the Financial Ombudsman Service (FOS) and gone further with his recommendations, AIFA says.

An external appeals process for the Financial Ombudsman Service (FOS) is unnecessary, according to Lord Hunt of Wirral's report into the service.

Adviser firms may no longer have to shell out case fees to the Financial Ombudsman Service (FOS) when complaints against them are unfounded after a landmark ruling.

The Association of IFAs today calls for a radical overhaul of the structure, process and charges of the Financial Ombudsman Service (FOS).

The Financial Ombudsman Service (FOS) should scrap or substantially raise its £100,000 redress limit, urges the All Party Parliamentary Group on Insurance and Financial Services (APPGIFS).

In my youth, when I would hang around wine bars trying to look cool and being totally ignored by the fairer sex, I knew a chap called Smart Pete.

In a move welcomed by the Government, Paul Thornton has recommended the Pension Ombudsman should become a jurisdiction of the Financial Ombudsman Service in a bid to speed up the resolution process.

Final FSA fees and Financial Ombudsman Service levies for the majority of firms will be lower in 2007/8 than proposals in February suggested.