declined claims

The Financial Ombudsman Service (FOS) has rejected five out of 43 claims at decision stage against advice to invest in Arch Cru since it started publishing complaints decisions last April, its data has shown.

What does the landmark court case tell us about the Ombudsman?

Claimants can not accept a compensation ruling from the Financial Ombudsman Service (FOS) and later claim for more in the courts, a landmark Court of Appeal ruling has decided.

The Financial Ombudsman Service (FOS) has reported a 39% increase in overall complaints against financial products, with increases in claims related to self-invested person pensions (SIPPs), personal pensions and annuities.

Consumer watchdog Which? has today called on the Justice Secretary Ken Clarke to investigate creating tougher regulation around the activities of claims management companies (CMCs).

LV= has announced it paid 91% of income protection (IP) and 88% of critical illness (CI) claims in 2011.

Holloway Friendly Society paid 96.2% of its income protection claims in 2011, up from the previous twelve months 95.5%.

Zurich has revealed it paid 92% of critical illness (CI) claims last year.

Bright Grey paid out 91% of critical illness (CI) claims in the last six months of 2011.

Wiltshire Friendly Society is the first insurer to publicise its 2011 Income Protection claims statistics.