This week the Financial Ombudsman Service has been brought under the scope of the Freedom of Information Act. We asked, what have you always wanted to know about the FOS?
Danny Cox, head of advice, Hargreaves Lansdown "Why does the client have the right of appeal when the firm does not, and how do they monitor consistency?" Phil Bray, marketing manager, Investment Sense "What percentage of complaints are overturned? The split between tied and IFA complaints would also be very interesting." Mark Hughes, principal IFA, Mark Hughes & Associates "Overall or for a specific product, has FOS ever imposed a quota/target on Networks to uphold a set number of complaints against their members." Phil Young, managing director, Threesixty "How many Ombu...
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