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FOS

Regulation

FOS reveals rise of UCIS advice reviews

The Financial Ombudsman Service (FOS) has warned an increasing number of advised clients are reviewing their investments in unregulated collective investment schemes (UCIS) with a view to making a complaint.

clock 23 June 2015 •

Regulation

Tweaking the rules: FOS complaints sourcebook changes

Tweaking the rules: FOS complaints sourcebook changes

clock 22 June 2015 •

Regulation

IFA Nick Bamford accepts Rory Percival's challenge over FOS rulings

IFA Nick Bamford accepts Rory Percival's challenge over FOS verdicts

clock 18 June 2015 •

Regulation

FCA's Percival challenges advisers over FOS rulings

Financial Conduct Authority (FCA) technical specialist Rory Percival has re-issued a call to financial advisers to offer up evidence of discrepancies between how the regulator and ombudsman view liability - and said he had even taken to looking at adjudications...

clock 17 June 2015 •

Regulation

PFS joins calls for policy levy to combat 'unsustainable' adviser fees

Professional adviser body the Personal Finance Society (PFS) has called for the introduction of a product levy to help reduce the regulatory cost for advisers.

clock 03 June 2015 •

Regulation

FOS scolds bank for tagging risk-averse couple as 'experienced' investors

The Financial Ombudsman Service (FOS) has criticised a high street bank for improperly classifying a risk-averse couple as ‘experienced' investors, and ordered it to re-calculate its initial offer of compensation.

clock 27 May 2015 •

Investment

FOS reveals annuities new complaints battleground

Annuities have become the new focus for complaints according to figures from the Financial Ombudsman Service (FOS), a year after the product was publicly abandoned by the Chancellor.

clock 19 May 2015 •

Regulation

FCA warns of cold calling fake regulator fraudster

A man pretending to be from the Financial Conduct Authority (FCA) is cold calling people in an attempt to defraud them, the regulator has warned.

clock 19 May 2015 •

Regulation

FOS rejects retiree's Friends complaint despite decade of pension delays

A retiree's complaint against Friends Life over its failure to pay his annuities on time for a decade has been rejected by the Financial Ombudsman Service (FOS), despite FOS and Friends admitting the delays are poor customer service.

clock 28 April 2015 •

Regulation

Adviser complaint fighting firm launched

A law firm has launched a complaint investigation service for advisers to help them head off grievances before they reach the Financial Ombudsman Service (FOS).

clock 20 April 2015 •
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