FOS axes 128 staff at cost of £3.1m

 

The Financial Ombudsman Services has made 128 staff redundant over the past 12 months as its workload has fallen, according to its 2019/20 Annual Report and Accounts.

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Annuity failings cost providers £135m - FCA

More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts.

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FCA delays Annual Report and Accounts for 2 months

The FCA has delayed the publication of its Annual Report and Accounts - due this month - for at least two months due to the Coronavirus pandemic.

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