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News Analysis: FOS complaints charging system 'is unjust'

A broker has told Mortgage Strategy that the Financial Ombudsman Service (FOS) intends to twice charge him £750 for investigations into complaints that weren’t upheld. Brian Rix, of Rix Financial Services, says these are the first complaints he’s received in 30 years. The first concerns an interest-only mortgage sold
Robert Sinclair Richard Howells Brian Rix Financial Ombudsman Service Association Of Mortgage Intermediaries Ami Rix Financial Services

AMI slams 'arrogance' of FCA's second fees consultation

The Association of Mortgage Intermediaries says it is “infuriated by the arrogance” of the Financial Conduct Authority’s regimes second fees consultation. The body says that while the regulator has set out a “good three-year plan and business plan , which does broadly explain the future, there is still a serious
Robert Sinclair Association Of Mortgage Intermediaries Financial Ombudsman Service Financial Conduct Authority Mortgage Intermediaries Appointed Representative

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