FOS to use £24.5m of reserves to freeze levies

The Financial Ombudsman Service will use £24.5m of its reserves to freeze its levies for the 2020/21 financial year.

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Fall in percentage of successful SIPP complaints

Latest Financial Ombudsman Scheme data released today shows a steady decline in the number of SIPP complaints upheld over the past year.

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DB transfer complaints spike by 44% in a year

The number of customer complaints made to the Financial Ombudsman Service (FOS) relating to defined benefit transfers rose by 44% in 2018/19.

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St James's Place reacts to 'forgery' claims

St James’s Place has once again been the centre of a media storm over the weekend as a ‘forgery’ allegation emerged.

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