Financial ombudsman asks FCA for extra £38m to fund levy
30% of the Fos’s income to come from levy, up from 15% the year before
Financial Ombudsman Service
-
-
SJP rejects mis-selling and forgery allegations
A client reported the firm to the Ombudsman over doctored documents
-
FSCS and FOS receive queries over Woodford suspension
More complaints could come through next month
-
FCA goes after two introducers over pension transfers
UK regulator reveals the names of two companies and three individuals
-
Advisers claim FOS biased towards complainants
In a recent IFA survey, 83% thought the financial ombudsman treated them as “guilty until proven innocent”
-
FOS backs complaint after client’s funds fall 50%
An ombudsman has backed a complaint from a former client of PFP Wealth Management after funds it chose for his pension slumped nearly 50% in the first year.
-
Coutts loses out in Ombudsman fight
A couple who claimed Coutts mismanaged their discretionary portfolios have won a fight for compensation after taking their case to the Financial Ombudsman Service (FOS).
-
Couple win fight against wealth firm over £200k fund transfers
A financial Ombudsman has backed a married couple’s complaint against Attivo Financial Services for the unsuitable transfer of investments worth around £200,000.
-
FOS orders wealth manager to pay client compensation
A man who complained about advice from Legacy Wealth to invest two-thirds of his pension pot into an unregulated UCIS has won his case at the Financial Ombudsman.
-
Chase de Vere ordered to pay compensation
The Financial Ombudsman Service has ruled in favour of a client which was advised by Chase de Vere to invest £145,000 into three high risk UCIS funds, six years before his retirement.