Tweaking the rules: FOS complaints sourcebook changes

Tweaking the rules: FOS complaints sourcebook changes

clock •

Pensions freedom has brought a sea change to retirement planning and regulation. Aileen Lynch assesses the latest freedom and choice-related tweaks to the FOS complaints sourcebook

Amid the furore surrounding the introduction of pension freedom, the Financial Ombudsman Service has made amendments to its rules. Tweaks have been made to its Dispute Resolution: Complaints Sourcebook (DISP), relating to 'compulsory jurisdiction' and 'voluntary jurisdiction' (advising on conversion or transfer of pension benefits). These changes were made without consultation and are effective immediately.   What's changed? Compulsory jurisdiction (CJ) - an amendment has been made to DISP 2.3, enabling the Ombudsman to consider complaints under CJ that relate to an act or omi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA annual meeting dominated by whistleblower handling criticism

FCA annual meeting dominated by whistleblower handling criticism

After the death of Simon Andriesz

Alex Sebastian
clock 07 October 2026 • 3 min read
FCA secures money back for victims of £1.5m crypto fraud

FCA secures money back for victims of £1.5m crypto fraud

Obtains confiscation orders against Raymondip Bedi and Patrick Mavanga

Sophia Panayi
clock 28 September 2026 • 1 min read
FOS partially upholds complaint against SJP for failing to provide annual reviews

FOS partially upholds complaint against SJP for failing to provide annual reviews

SJP failed to provide five annual reviews for client

Sophia Panayi
clock 23 September 2026 • 3 min read