P2P lenders facing complaint case fees increase
PEER-TO-PEER lenders could face increased fees for regulators to handle customer complaints as part of new budget proposals from the Financial Ombudsman Service (FOS) for all regulated firms. FOS is funded via a levy – which it has proposed at £106m for 2020/2021 – and case fees. For 2020/2021, the FOS is proposing increasing its […]