The Financial Conduct Authority is introducing new measures to streamline the Financial Ombudsman complaints process and allow them to focus on the cases they were set up to resolve as a quick and informal alternative to the courts. Under the new measures complaints about banking, insurance and othe
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The Financial Conduct Authority (FCA) may ban some methods used by brokers to reward car dealers, who overcharge an estimated 560,000 customers to the tune of £300 million a year, Reuters reports. The FCA said commission models allowing brokers discretion in setting the customer interest rate&

