The Financial Ombudsman Service (FOS) compensation limit has been increased from £150,000 to £350,000 with effect 01/04/2019.
Financial Advisers cannot contest and must abide be FOS rulings. Consumers can, in addition to accepting or declining the FOS decision, still take financial advisers to court.
The cost of financial advice WILL go up (that's if you can find a financial adviser still trading).
If you're unsure about cookies, what they are and how to protect yourself from harmful cookies, please see our Cookie Set Up information page.OK