SJP forced to shell out £75k to musician swept up in rogue adviser scheme
Philip Cox recommended clients invest in his friend’s start-up that later went bust
Philip Cox recommended clients invest in his friend’s start-up that later went bust
A client reported the firm to the Ombudsman over doctored documents
Grievances about cash equivalent transfer values and early retirement factors
Pimfa warns move could widen the advice gap and act as a barrier to entry for smaller IFAs
Buyer will not take on potential liabilities linked to mass mis-selling claims
UK regulator reveals the names of two companies and three individuals
In a recent IFA survey, 83% thought the financial ombudsman treated them as “guilty until proven innocent”
A company that downplayed the risks of buying shares in unlisted companies to a cold-called investor has been ordered by the UK’s Financial Ombudsman Service (FOS) to put the investor into the position she would have been in had she never invested.
Intrinsic Financial Planning has been ordered by the UK’s Financial Ombudsman Service (FOS) to compensate a client who says he was not aware of the charges that were applied to his pension on transfer.
The UK’s Financial Services Ombudsman (FOS) has ruled in favour of Rathbones in a case where a client alleged the provider mismanaged his Self-Invested Person Pension (Sipp) portfolio, leading to its underperformance and a financial loss.
A UK-based IFA, whose former client was England striker Alan Shearer, has been banned from holding a directorship for sneaking £76,000 from his insolvent advice firm.
The Financial Ombudsman Service has ordered Nutmeg to pay a former client for “numerous mistakes” surrounding direct debits on his pension plan that were likely to cause irritation.