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Cost to run FOS set to rise by about £30million

The cost to run the Financial Ombudsman Service is set to rise by about £30million.


Some advisers’ FOS concerns 'based on misunderstanding'

Some of advisers’ concerns about the FOS have been based on misunderstanding, a trade body says, as it released a new guide to help members deal with the Ombudsman.


FOS rules against advice firm over investing in UCIS

The Financial Ombudsman has ruled against an advice firm over investing in an unregulated collective investment scheme.


FOS: SJP adviser wrong over pension plan suitability

A complaint from a St. James’s Place Wealth Management client over claims of being “misled about tax benefits” has been partly upheld, with the ombudsman saying the adviser had failed to reach the right conclusion.

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