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Wednesday, 17 April 2019 11:03

CISI warns FCA over FOS compensation increase

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Simon Culhane Simon Culhane
The Chartered Institute for Securities & Investment (CISI) has raised concerns with the FCA at the decision to increase the Financial Ombudsman Service’s (FOS) compensation limit from £150,000 to £350,000, as it may have “serious unintended consequences for its member SMEs”.
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