DB transfer complaints to ombudsman jump 44% in 2020
Jump from 554 in 2019
DB transfer complaints to ombudsman jump 44% in 2020
The Financial Ombudsman Service (FOS) received 44% more defined benefit (DB) transfer complaints in 2020 than it did in 2019.
A Freedom of Information (FOI) request submitted by Professional Adviser found the FOS, which categorises complaints about DB transfers as occupational pension transfers in its systems, received approximately...
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