The Financial Ombudsman Service (FOS) is set to reassess its $500,000 jurisdictional limit following recommendations from the recent Senate Economics References Committee’s report into the performance of ASIC. The FOS reassessment comes in the wake of the independent review of their operations and procedures conducted by Cameronralph Navigator and identified FOS as having only, “partially … Continue reading FOS to hear claims over $500K between public and financial services providers