IFA defence union to challenge FOS judgments

clock

A Scottish legal firm is gathering with a steering group of IFAs next month to form a Defence Union offering members expert legal representation to deal with complaints to the FOS and FSA.

Glasgow-based solicitor Alisdair Sampson of Drummond Miller, has taken up the cause of IFAs and agreed to help form a defence union to support IFAs who may feel they have a legal case to make against the FOS and its judgments. Interest in the establishment of an IFA defence union has been gathering for some time among the intermediary community, says Sampson, as financial advisers feel there is no accessible appeal to any FOS adjudication when the adviser has grounds to do so, and no means of comparing judgments. First meeting of the steering group is being held on March 5th to create...

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 Your profession

'Don't think of consolidation as the end of independent advice. It isn't'

'Don't think of consolidation as the end of independent advice. It isn't'

Continuity before everything else

Tom Rowe-Jones
clock 02 September 2026 • 5 min read
SENDA calls on profession to share how it supports families with disabilities

SENDA calls on profession to share how it supports families with disabilities

Part of white paper launching in November

Isabel Baxter
clock 02 September 2026 • 2 min read
Plannex memberships boosted by 'out of the blue' Reddit influx

Plannex memberships boosted by 'out of the blue' Reddit influx

Without spending a penny on the social media platform

Isabel Baxter
clock 01 September 2026 • 5 min read