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    Compensation Rate Change: Financial Ombudsman Proposes Big…

    Kingsman | Financial AdvisorBy No Comments1 Min Read
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    Big change to payment guidelines outlined by monetary ombudsman after complaints

    The Financial Ombudsman Service (FOS) is proposing to alter the rates of interest applied to the compensation awarded to consumers and tie it to the Bank of England (BoE) base rate.

    For new grievances sent to the service, it is suggesting altering the interest rate so it tracks against the Bank of England’s average base rate plus one percentage point.

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    Kingsman | Financial Advisor
    Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.
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    Kingsman | Financial Advisor

    Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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