The BBC programme, Watchdog, has investigated the story of a young victim who was beaten and left unconscious in a park and then had his entire inheritance raided from his bank account. To make matters worse his bank, NatWest, refused […]
Solar Panels, The New Nightmare For Barclays !
Barclays may have to pay a £38.5 million bill to homeowners over loans taken out to fund solar panels which may have been mis-sold. Barclays Partner Finance is a subsidiary of the bank […]
The Financial Conduct Authority has handed down a massive fine to the supermarket bank following a cyber-attack In November 2016. The attack did not result in any theft or loss of personal customers data, but did lead to 34 transactions […]
GDPR made its highly anticipated debut back in May of this year and, until recently, the Information Commissioner’s Office (“ICO”), who are in charge of enforcing the new regulations, had yet to issue any fines.
There had been a lot of […]
The Financial Ombudsman Service has upheld a complaint bought by five individuals who lost nearly £100,000 after transferring their savings following a free pension review.
The decision made by FOS could offer hope to thousands of other victims, who have lost […]
In their latest newsletter, the Financial Ombudsman Service (FOS) has warned banks to treat victims of financial fraud more fairly, instead of assuming the victim was grossly negligent and to blame.
FOS see thousands of complaints from customers, who have had […]
Thousands could be owed compensation, if they were advised to take out an interest-only mortgage when other loans were available.
Experts in the industry have been warning for years about the ticking time-bomb of interest-only mortgages.
For most of us, our mortgage […]
Praetorian Legal are representing a large number of claimants in relation to mis-sold timeshare contracts, many of which have bottle-necked with the Financial Ombudsman Service (FOS). These cases are ones where the finance provider has refused to acknowledge responsibility for the […]
The Financial Conduct Authority (FCA), along with the Financial Ombudsman Service (FOS), have published joint guidelines on how to deal with Authorised Push Payments (APP) fraud. These guidelines strengthen the authority of FOS and are much needed, as a report […]
Staff members working for the Financial Ombudsman Service have been flooding Glassdoor with negative reviews.
Glassdoor is the ‘TripAdvisor’ of the employment sector, where staff are able to rate past and current employers out of five stars. They can also leave […]