FOS concerned about 300+ DB transfer complaints

The Financial Ombudsman Service has published guidance on what it expects from financial advisers who are advising on defined benefit (DB) transfers as the number of complaints mounts.

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FCA reminds firms of obligations after Berkeley Burke case

The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.

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Budget 2018: Hammond backs SME complaints to FOS

Chancellor Philip Hammond backed FCA plans top open up access to the Financial Services Ombudsman for SMEs.

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Trade body ‘concerned’ over plans for big jump in FOS limit

 

PIMFA, the wealth management and financial advice trade association, has voiced concerns about plans to increase the maximum compensation the Financial Ombudsman Service can demand a financial services firm pays out to £350,000. 

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