| |||||||||||||
| |||||||
| Campaign Are you interested in the bigger picture? Do you have definite ideas which you wish to contribute? Are you interested in campaigning in some way? Whether it is bank charges, PPI, the cost of gas/electric/food/travel etc - this is the place to share your ideas. |
| The Bank Action Group Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it. Do not post or start claiming until you have read the entire FAQ section and step by step guides and you have a good basic idea of what to do and of the layout of the forum. Good luck claiming your bank charges. |
 |
| | LinkBack | Thread Tools |
3rd November 2006, 07:58
| #1 (permalink) |
| Site Team The Consumer Action Group  Watch out, there are Claims Touts about! Search the Web here for your Christmas gifts. It helps us to pay our way. If we have helped you, please help us. Click here. Join Date: Jan 2006 I am in: Please consider making a donation if we have helped you. Thanks
Posts: 8,146
 |  Statement from Financial Ombudsman expected today Apparently the FO will be making a statement in which he is likely to come down hard against the banks. The FO is in a bind. Firstly he is concerned that complaints against bank charges have doubled and he is apparently receiving up to 150 new cases per week merely about bank charges. Secondly, he is aware that by and large the public do not have much faith in the Ombudsman system. Byall accounts, people are right to have no confidence in the Financial Ombudsman. We are not aware of any bank charges finding against the banks. Secondly, it is clear that the public have no confidence in the Ombudsman. He is receiving 150 new cases per week. (He thinks that this is a lot). TheConsumer Action Group is receiving about 4000 new cases per week. Conclusion: people have confidence in The Consumer Action Group and in their own ability to challenge the banks and to secure their own remedies. Go figure ....
__________________ Please don't pm me about specific questions unless you have posted and it has not been dealt with or unless the matter is confidential. Please include a link to the post you want me to look at. If you have received a defence, contact me. Advice & opinions of BankFodder, The Consumer Action Group and The Bank Action Group are offered informally, without prejudice & without liability. Use your own judgment. Seek advice of a qualified insured professional if you have any doubts. |
|      |
|
22nd November 2006, 16:11
| #2 (permalink) |
| Classic Account Customer Watch out, there are Claims Touts about! Search the Web here for your Christmas gifts. It helps us to pay our way. If we have helped you, please help us. Click here. Join Date: May 2006
Posts: 157
 | Re: Statement from Financial Ombudsman expected today The reason no findings have been made against the banks by the FSO is, similar to the situation in the courts, all of the claims are settled prior to a final decision being reached in a case. Can't quite blame it on the FSO. Although the FSO could make a pre-emptive judgement on bank charges, which he has hinted at. However, any such a decision, although may be persuasive, wouldn't be a binding authority on the courts. |
|
| |
|
| Thread Tools | |
| |
Similar Threads | ||||
| Thread | Thread Starter | The Consumer Forums | Replies | Last Post |
| Using Financial Ombudsman | Nash_69 | Lloyds Bank | 4 | 29th April 2007 20:41 |
| Financial Ombudsman | njohnson | Abbey Bank | 2 | 3rd January 2007 14:54 |
| Financial Ombudsman | townley8687 | Halifax Bank and Bank of Scotland | 10 | 21st November 2006 19:11 |
| Financial Ombudsman???????????? | diggla | Lloyds Bank | 5 | 4th September 2006 21:44 |
| What about the Financial Ombudsman? | cj | General | 1 | 3rd March 2006 18:23 |
Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE
