Displaying items by tag: claims management companies
Tuesday, 05 December 2023 14:14
FOS plans to charge CMCs for bringing cases
The Financial Ombudsman Service is considering charging Claims Management Companies fees of up to £650 per case to help cut down on the tide of speculative claims that can clog up the service.
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Monday, 01 April 2019 11:46
900+ ambulance chasers enter FCA regulation today
The FCA began regulating the claims management industry from today.
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Tuesday, 19 March 2019 12:03
More than 600 ‘ambulance chasers’ register with FCA
The FCA has revealed more than 600 so-called ‘ambulance chaser’, or claims management companies (CMCs), have registered with the authority.
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Tuesday, 21 August 2018 14:30
FCA says regulating ‘ambulance chasers’ to cost around £17m
The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.
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Tuesday, 05 June 2018 16:33
Claims management companies to be forced to disclose fees
The Financial Conduct Authority has today published its draft rules outlining how it plans to regulate claims management companies (CMCs) when it takes over their regulation from 1 April 2019.
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Wednesday, 23 May 2018 14:34
Ambulance chasers turning attention from PPI to SIPPs
The AMPS conference in London yesterday featured a warning on the increasing proliferation of ‘ambulance chaser’ companies seeking to press claims against SIPP providers.
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