Since its inception on 1 March last year, the Financial Ombud Scheme dealt with 40 859 cases and refunded consumers an amount of R416.02 million.
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It’s been one year since the National Financial Ombud Scheme (NFO) was formed from the amalgamation of the Ombudsman for Banking Services (OBS), the Credit Ombud (CO), the Ombudsman for Long-Term Insurance (OLTI), and the Ombudsman for Short-Term Insurance (OSTI). Since its inception on 1 March 2024, the NFO has dealt with 40 859 cases, […]
Since its inception on 1 March last year, the Financial Ombud Scheme dealt with 40 859 cases and refunded consumers an amount of R416.02 million.
The National Financial Ombud Scheme (NFO) marked its first anniversary this week, having dealt with 40,859 cases and having recovered R416-million for...
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