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Financial Ombudsman Service

Adviser / Broking

Advisers accuse FOS of ignoring their evidence in complaints

The Financial Ombudsman Service (FOS) is failing to take all evidence into account when ruling on complaints against advisers, and is sometimes not giving reasons for its decisions, advisers have claimed.

clock 29 May 2014 •

Regulation

FOS resolves half a million complaints in 'unprecedented' year

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

clock 20 May 2014 •

Income Protection

Planet Insurance: Assisted dying edges closer

Richard Walsh considers what an assisted dying bill could mean for life insurance.

clock 08 April 2014 •

Adviser / Broking

FOS tells adviser: Compliance box-ticking not enough to win complaint

The Financial Ombudsman Service (FOS) has warned advisers that "ticking all the boxes from a compliance point of view" may not be enough to win in a complaint case.

clock 25 March 2014 •

Regulation

FOS accused of mis-guided PPI predictions by trade body

FOS accused of mis-guided PPI predictions by trade body

clock 06 February 2014 •

Regulation

APFA prepares to quiz FOS over 'inconsistent' rulings

The Association of Professional Financial Advisers (APFA) is preparing to challenge the Financial Ombudsman Service (FOS) this week over what it considers inconsistent case verdicts on advisers.

clock 21 January 2014 •

Regulation

FOS freezes levy and cuts budget by 20%

The Financial Ombudsman Service (FOS) plans to freeze the levy it collects from firms and cut its budget by 20% over the coming year.

clock 09 January 2014 •

Regulation

FOS rejects complaint from client unaware of commission for decade

A client who protested about commission being taken from his pension without his permission and without receiving ongoing advice in return has had his complaint rejected by the Financial Ombudsman Service (FOS).

clock 07 January 2014 •

Regulation

Natalie Ceeney steps down as FOS' chief ombudsman

Watchdog trebled in size under departing chief's leadership.

clock 15 November 2013 •

Regulation

FOS kicks off £200k review of its role and reach

The Financial Ombudsman Service (FOS) has hired trend forecaster the Future Foundation to conduct a review of the ombudsman's role in the changing world of financial services.

clock 30 October 2013 •
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