They are very rarely appealed.
If it is appealed, it will be a matter between the Financial Institution and the Ombudsman. You won't have any part in it.
Brendan
The effected party is normally involved as a Notice Party, so your relation will have to use a Solicitor and a decent Barrister.
Incidentally by 31 December 2008, only 0.2% of my findings - 8 by Financial Service providers and 16 by
complainants - have been appealed and out of 14 appeals closed at that date, only 2 judgments were
against me.
Cost of doing so effectively prevents appeals? Or is a more sensible avenue of appeal currently being considered?
The strangest thing is that the Financial Ombudsman's bureau is funded by subscriptions from the Financial Providers.
.
To the best of my knowledge, no decision has yet been overturned on the fairness of the decsion. However, most appeals have been about the interpretation of the law, rather than the substance of the decision.
Levied rather than by subscription......The strangest thing is that the Financial Ombudsman's bureau is funded by subscriptions from the Financial Providers...
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