FOS orders Scottish Widows to compensate client

Scottish Widows has been ordered to compensate a client after a rule change around overseas pension transfers led to him being hit by an unnecessary 25% per cent tax charge.


PIMFA condemns new FOS funding proposals

Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has slammed proposals for funding the Financial Ombudsman Service (FOS).


FCA reveals new chair of Financial Ombudsman Service

Baroness Zahida Manzoor CBE has been appointed chair of the Financial Ombudsman Service.


Ambulance chasers spur huge jump in SIPP complaints

Claims management companies and law firms are submitting two thirds of all SIPP complaints - double the percentage seen in the previous year, according to Financial Ombudsman Service (FOS) figures out today.

FINANCIAL PLANNING JOBS - Advertise your vacancy from £99 ex VAT
Reach 12,000+ professionals by advertising your vacancy with us. Set up an account and post your job the same day. Big savings for advertising 2 or more vacancies.
Special Offer: Use code 'FPJSaver10' on checkout to save on selected packages. Click for details: