Ringways and Liverpool Victoria

magpiecottage

~Brock~ wrote: »

I agree, but that would come as little comfort to the first adviser as he was writing out his cheque to the FOS.

I think FOS itself acts like a car clamping scam. You pay £500 even if you have done nothing wrong.

FOS says that you get three free cases but knows full well that network members do not.

It also gives its adjudicators a backhander for "resolving" cases so they have an incentive to look at those where there is clearly no case to answer.

From next year it plans to charge £850 for PPI cases. A few spurious complaints could quickly bring down a small firm trying to do its best for its customers.