Clarity of costs and customers' interests must be priorities
The Financial Conduct Authority (FCA) helpline has failed to achieve its voluntary targets for servicing enquiries from firms after being hit by increased demand for help with consumer credit and AIFMD.
Fears pension providers will struggle under huge inflows of customer requests come 6 April are "well-founded" as too little has been done to address communication processes, according to PwC.
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IFAs have claimed providers of individual protection products consistently fail to meet their expectations in dealing with existing business, Defaqto said.
"Doing the right thing" has emerged as the most important value among Financial Ombudsman Service (FOS) staff as part of an ongoing review.
An IFA has blasted James Hay for making 'schoolboy errors' when calculating a SIPP customer's pension benefits.