PIMFAs response to FCA: CP18/31 Increasing the award limit for the Financial Ombudsman Service (FOS)
PIMFA's response to FCA CP18/31: Increasing the award limit for the Financial Ombudsman Service (FOS), where we express our disappointment that that there was no engagement with stakeholders prior to the publication of the CP, particularly in areas such as PII, the impact on competition, the application of claim thresholds and whether the existing FOS regime is fit for purpose in respect of larger claims
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