i-law

Compliance Monitor

FOS re-calibrates for post-PPI era

With the impact of mass payment protection insurance claims and the Covid-19 pandemic on the wane, the Ombudsman may finally find itself in a stretch of 'business as usual'. Adam Samuel analyses the statistics.

The Financial Ombudsman Service's 'Plans and Budget for 2023/24' [1] appears to mark a turning point for that organisation: the creation of the Ombudsman scheme that it was always intended to be.

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