FOS sides with Royal London on commission bias complaint
Client says adviser was guided by payments
The Financial Ombudsman Service (FOS) has rejected a complaint from a client who argued his adviser had wrongfully sold him a Royal London pension in return for high commission from the provider.
In a ruling dated 27 October, the ombudsman decided the client's complaint against his adviser was unreasonable given that there was no evidence of unsuitable advice. Mr G had taken out a pension with...
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