When we do and don’t charge
You won’t need to pay a case fee for the first 25 complaints against your business that we deal with in each financial year. From the 26th complaint onwards, we charge a case fee of £650.
If a case does need to be investigated, it becomes a chargeable case, regardless of the outcome.
Most businesses have very few cases referred to us, meaning that most businesses don’t pay any case fees. For businesses that do pay case fees, the cost involved is likely to be much less than the legal costs of defending the case in court.
When you have to pay the case fee
The fee is only payable once the complaint is resolved. Our finance team will send you an invoice at the end of the month in which we close the case.
We run a group-charging account for the largest financial business groups. Case fees are paid quarterly in advance based on expected numbers of complaints. This lowers administrative costs, increases efficiency and creates a steadier cash-flow.
If the numbers turn out to be significantly different, there may be some adjustment at the end of the year.
When we review our case fees
We review our case fee arrangements each year – and consult our stakeholders about any changes we think might be necessary. Each year we consult publicly on our proposed budget for the financial year ahead. This includes consultation on the amount we plan to raise through the levy, as well as on the proposed level of our case fee.