The recent Financial Ombudsman Service (FOS) compensation limit hike will see advisers pulling out of the DB transfer market when PI insurance becomes too expensive, the PFS has warned.
On 1 April, the Financial Conduct Authority (FCA) increased the ombudsman's award limit from £150,000 to £350,000. Since the increase, the Personal Finance Society (PFS) has been contacted by financial...
Vitality at Work scheme
Reporting to Steve Hill
Appointed on 19 September
Plans to double size in five years
Unnamed company valuation reduced