IOB urges CP33 feedback.

Insurance Ombudsman Laurie Slade has urged all members of the Insurance Ombudsman Bureau to provide ...

Insurance Ombudsman Laurie Slade has urged all members of the
Insurance Ombudsman Bureau to provide feedback to the Financial Services
Authority /Financial Ombudsman Service Consultation Paper on consumer
complaints and the new single ombudsman scheme (CP33). The paper covers a
range of policy issues relating to the FOS rules, including: scope,
eligibility, limits on awards, and funding and internal complaints
procedures.

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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