Written Question·Treasury·UIN 31912

Financial Ombudsman Service: Fees and Charges

Tabled: 21 February 2025
Answered: 26 February 2025
Named Day

Question

Mark Garnier

ConservativeWyre Forest

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the Financial Ombudsman Service’s decision to introduce a £250 charge for claims management companies to refer cases.

Answer

James Murray
The Government recognises that many professional representatives, including claims management companies, provide a valuable service to consumers by supporting them to make financial services redress claims. However, there are examples of poor behaviour fr...

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