New Ombudsman service consultation reveals details on Professional Representative Charges
The Financial Ombudsman Service (FOS) has recently proposed changes to its fee structure, which could significantly impact Claims Management Companies (CMCs) and other professional representatives who bring cases on behalf…
Talk to the team: Introducing Matthew Raines
We have such a wonderful team at Johnson Law Group, who all work tirelessly to provide a first-class service to our clients. And with our team growing by the day,…
12 Months On From the FCA Consumer Duty Launch
It’s been a year since the Financial Conduct Authority (FCA) introduced the Consumer Duty, a regulation aimed at reshaping the way financial services firms operate and engage with their customers.…
FCA Cracks Down on SVS Securities Individuals Over Pension Fund Misconduct
The Financial Conduct Authority (FCA) has decided to ban and fine three individuals involved in running SVS Securities Plc (SVS), a discretionary fund manager. The decision comes in response to…
TikTok Under New Scrutiny in US Over Child Privacy Concerns
Digital privacy for children is being scrutinised, particularly for the social media giant TikTok. This is not the first time there have been concerns about risks to child privacy. TikTok…
FCA delays decision on on whether firms systemically mis-sold car finance through Discretionary Commission Agreements
This week, the Financial Conduct Authority (FCA), announced they were delaying their planned decision on whether firms systemically mis-sold car finance through Discretionary Commission Agreements from September 24 to May…
Booking.com Issues Warning on Travel Scams
Booking.com has issued a warning about a dramatic increase in travel scams driven by artificial intelligence (AI). The company's internet safety chief reported a staggering "500 to 900% increase" in…
Businesses to Receive Fairer Treatment and Broker Fee Transparency Under New Ofgem Rules
Ofgem has announced new rules that will take effect from 1st July 2024, a move to enhance fairness, transparency, and support for non-domestic energy consumers. These changes aim to improve…
Take the Next Right for Dieselgate Justice
The Diesel Emissions Group Litigation now has over 1.5 million claimants, and is expected to reach £3.5 billion in compensation, but could collectively reach a possible £6 billion. Over the past…
FCA Penalises Two Individuals for Integrity Violations in Pension Business
The Financial Conduct Authority (FCA) has taken decisive action against Stephen Joseph Burdett and James Paul Goodchild for their reckless handling of pension holders' investments, resulting in severe penalties and…