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Make claims firms pay
nthomas
Posts: 13 Forumite
Make Claims Firms Pay
Click below to ‘sign’ the online e-petition which aims to force claims firms to pay a £500 fee to the Financial Ombudsman Service for every claim of mis-selling against a broker or financial adviser that is deemed to be without merit.
Currently brokers have to pay £500 every time a claims firm makes a complaint against them whether the claim is false or true - it is putting many out of business. Claims firms should have to do the same to stop them making complaints that are unfounded.
We do not disagree with claims firms making complaints, we just do not want them to do it where the product was never sold by the adviser and the claims firm is just 'trying their luck'.
Please help!
http://epetitions.direct.gov.uk/petitions/17198
Click below to ‘sign’ the online e-petition which aims to force claims firms to pay a £500 fee to the Financial Ombudsman Service for every claim of mis-selling against a broker or financial adviser that is deemed to be without merit.
Currently brokers have to pay £500 every time a claims firm makes a complaint against them whether the claim is false or true - it is putting many out of business. Claims firms should have to do the same to stop them making complaints that are unfounded.
We do not disagree with claims firms making complaints, we just do not want them to do it where the product was never sold by the adviser and the claims firm is just 'trying their luck'.
Please help!
http://epetitions.direct.gov.uk/petitions/17198
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