LifeSearch adviser fired following overheard conversation

FOS orders firm to pay £2,000 compensation

Adam Saville
clock • 2 min read

Intermediary accidently re-dialled client and made inappropriate comments to colleagues about his medical history

The Financial Ombudsman Service (FOS) has ordered adviser firm LifeSearch to pay £2,000 compensation to a client who overheard an adviser and his colleagues mocking him and his medical history. According to FOS, ‘Mr O' had just finished a conversation regarding life insurance with the adviser, who then called him back by mistake. During the conversation, he heard the adviser swearing, making offensive comments and ‘joking' that he should commit suicide due to his medical situation. Mr O had called LifeSearch after being told that he was uninsurable by a life insurance provider. Dis...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

GRiD adds IHC to membership

GRiD adds IHC to membership

Independent advice to corporate clients

Jaskeet Briah
clock 18 June 2025 • 1 min read
The Right Mortgage and Protection Network introduces health fact find

The Right Mortgage and Protection Network introduces health fact find

Aims to simplify advice processes

Jaskeet Briah
clock 18 June 2025 • 2 min read
Howden Group's CEO David Howden awarded CBE

Howden Group's CEO David Howden awarded CBE

King's Birthday Honours List

Jaskeet Briah
clock 16 June 2025 • 2 min read