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FOS to encourage firms to settle complaints quicker

The Financial Ombudsman Service has proposed changes to its case reporting process to encourage firms to settle early and reduce waiting times.


British Steel adviser forced into liquidation

A.W.Dallas Financial Services has been forced into liquidation after receiving 35 Financial Ombudsman Service (FOS) complaints in relation to British Steel Pension Scheme (BSPS) pension transfer advice.


Planner fined over decade old SIPP switch advice

Financial Planning firm Insight Financial Associates has been fined after failing to advise on a property investment when recommending a SIPP switch in 2010.


FOS to raise case fee by £100 to £750

The Financial Ombudsman is to increase its case fee by £100 to £750, according to its new budget and financial plans published today.

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