The Parliamentary Ombudsman's decision yesterday to clear the FSA from accusations - that it failed ...
The Parliamentary Ombudsman's decision yesterday to clear the FSA from accusations - that it failed to carry out its role during the Equitable Life fiasco - will fundamentally damage both consumer confidence and trust in the financial service system, says the Consumers' Association. In a response to the Ombudsman's verdict on Equitable Life, CA's senior public affairs officer Delroy Corinaldi attacks the decision saying that: "By ruling out the Parliamentary Ombudsman as a route for receiving compensation all Equitable Life policyholders will be forced to foot the bill despi...
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