A retiree who asked his adviser to review a recommendation to invest in Arch cru under a consumer redress scheme set up by the financial regulator has won compensation after taking his case to the Ombudsman (FOS).
Does latest FCA data offer further evidence of declining adviser claims?
Neil Liversidge on why advisers should 'wise up' to the benefits of joining the body...
Two recent Financial Ombudsman decisions are crucial reading for the SIPP industry. Fiona Murphy looks at the issues.
Towry has been ordered to pay compensation plus £250 for causing distress to a retiree after the Financial Ombudsman Service (FOS) ruled one of its advisers gave unsuitable advice by failing to inform her of a change in pension legislation affecting small...
The Financial Ombudsman Service (FOS) has ruled national adviser Chase de Vere gave unsuitable advice when it recommended a client put most of his pension in high risk unregulated schemes just six years before he retired.
The Financial Ombudsman Service (FOS) is looking again at a decision against self-invested personal pension (SIPP) provider Berkeley Burke that lawyers at the time called a "game changer" for the SIPP market.
Prudential has topped the Financial Ombudsman Service's (FOS) list of most complained about pension firms after consumer gripes against the firm were up 2% on the previous half year.
Network Sesame has again come out top as the most complained about advice firm, although numbers of cases against it were down, according to the Financial Ombudsman Service's (FOS) half yearly figures published today.
Berkeley Burke director Gareth Roberts, who was in charge of implementing Retail Distribution Review (RDR) rules in the firm's wealth management division, has left the firm.