The Financial Ombudsman Service (FOS) has proposed to increase its levy on the industry by 5% while freezing case fees for the fourth year running.
Low fees change consumer perception of the value of advice
The Financial Conduct Authority (FCA) is considering raising the redress limit available to small business complainants from the Financial Ombudsman Service (FOS) above its current limit of £150,000.
Has one IFA's unusual hobby highlighted questionable FOS decisions?
A financial advice firm that tried to challenge the Financial Ombudsman Service (FOS) in the High Court over a ruling on pension advice has had its case thrown out.
Caroline Mitchell speaks out
People complained about products and advice
An unregulated activity 'should not be part of any regulatory body's remit', adviser body says
'Robust' advice processes will stand up to scrutiny
The Financial Ombudsman Service needs to be reformed if robo-advice is to stand a chance of flourishing in the UK, a technology expert has told the regulator.