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A warning from lawyers that consumers can still accept a Financial Ombudsman Service award and sue for more redress in court exposes some worrying contradictions in the system.
This week, Money Marketing reveals a Court of Appeal ruling in February which held that a complainant cannot accept redress from the FOS and pursue the firm in court for additional redress over the same complaint only applies to final decisions from the ombudsman, and not adjudicator decisions.
More:
http://www.moneymarketing.co.uk/news...013438.article
http://www.moneymarketing.co.uk/2013521.article
This week, Money Marketing reveals a Court of Appeal ruling in February which held that a complainant cannot accept redress from the FOS and pursue the firm in court for additional redress over the same complaint only applies to final decisions from the ombudsman, and not adjudicator decisions.
More:
http://www.moneymarketing.co.uk/news...013438.article
http://www.moneymarketing.co.uk/2013521.article