FOS to hike case fees

Industry News | 18/12/19

The financial ombudsman plans to increase its case fee to £650, despite previously suggesting the cost would remain closer to £550 amid its funding reshuffle. In its latest plan and budget consultation published this week (December 16) the Financial Ombudsman Service also confirmed its levy for the 2020/21 financial year would be £106m.

Source: FT Adviser