The Financial Ombudsman Service (FOS) has provided clarity on what it expects from financial advisers who are advising on defined benefit (DB) transfers.
In its latest ‘ombudsman news' report, the FOS gave advisers the inside scoop on what it looks at during DB transfer complaints. The FOS said it would ask, among other things, if the adviser really...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till