Nicky Morgan MP, chair of the Treasury Committee, has written to the Financial Ombudsman Service about TV’s ‘Dispatches’ programme which this week exposed poorly trained FOS staff searching on Google to learn about what products they were reviewing.
Read more ...Prudential to split M&G and Pru into two businesses
- Wednesday, 14 March 2018
- Articles

Prudential today announced plans to demerge M&G from Prudential plc in a move that will result in two separately-listed FTSE 100 companies, each with a ‘distinct’ investment prospects.
Read more ...FOS past cases must be re-examined, adviser body says
- Wednesday, 14 March 2018
- Articles

An advice sector trade body wants an immediate independent review of past FOS cases, following allegations in a TV documentary.
Read more ...Treasury ponders changes to Entrepreneurs’ Relief
- Tuesday, 13 March 2018
- Articles

The Treasury is weighing up changes to Entrepreneurs’ Relief, it announced today.
Read more ...Probe revealed into how platforms levy tax
- Tuesday, 13 March 2018
- Articles

The Government will probe how platforms levy tax, the Chancellor revealed this afternoon.
Read more ...Pension and investment pros react to Spring Statement
- Tuesday, 13 March 2018
- Articles

Spring Statement: Chancellor says GDP higher in 2018
- Tuesday, 13 March 2018
- Articles

The Chancellor has announced that UK GDP growth should reach 1.5% in 2018, higher than the 1.4% predicted in his autumn budget.
Read more ...Many failing to save money for emergencies
- Tuesday, 13 March 2018
- Articles

A quarter of the population have failed to stash savings for emergencies, a survey has suggested.
Read more ...Brooks hires new Financial Planning MD as profits slump
- Tuesday, 13 March 2018
- Articles

Brooks Macdonald’s half-year profit before tax has slumped from £8.1m at the end of 2016 to £600,000 by the close of 2017.
Read more ...FOS hit backs at ‘unfair’ TV show but will review allegations
- Tuesday, 13 March 2018
- Articles

The Financial Ombudsman Service has hit back over a Channel 4 documentary aired last night, saying it provided an “unfair impression” of the organisation.
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