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FOS

Regulation

Long-stop petition attracts 7,000 signatures but misses target

An online petition calling on the government to remove the financial ombudsman's right to consider client claims without any time restriction has ended 3,000 signatures short of target.

clock 25 July 2014 •

Regulation

FCA for a day: What advisers would do if they had the power (part I)

Advisers tell PA what they would do if they held a regulatory wand for one day

clock 24 July 2014 • 4 min read

Regulation

FOS names Caroline Wayman chief ombudsman and CEO

The Financial Ombudsman Service (FOS) has named Caroline Wayman as its chief ombudsman and CEO, succeeding Natalie Ceeney.

clock 23 July 2014 •

Regulation

FOS fends off increasing number of pension complaints

The Financial Ombudsman Service (FOS) has fended off an increasing number of pension complaints in the first quarter of this year as the number of complaints increased but uphold rates dropped.

clock 23 July 2014 •

Regulation

Wheatley: Long-stop project now 'slightly more complicated'

Advisers' hopes for the re-introduction of a long-stop on client complaints have suffered a blow after Financial Conduct Authority (FCA) chief Martin Wheatley suggested the regulator's investigation into the matter may have hit a roadblock.

clock 17 July 2014 •

Regulation

FCA defends 'inconsistent' FOS decision making

The Financial Conduct Authority (FCA) has defended the Financial Ombudsman Service (FOS) from allegations of inconsistent case verdicts.

clock 15 July 2014 •

Investment

Breakdown: The five investment distribution models (as the FCA sees it)

The FCA's five-strong range of retail investment distribution models (as it sees it)

clock 14 July 2014 • 3 min read

Regulation

FOS uncovers more bad Harlequin advice

The Financial Ombudsman Service (FOS) has uncovered two more cases where self-invested personal pension (SIPP) investors in troubled unregulated overseas property scheme Harlequin received poor advice.

clock 09 July 2014 • 3 min read

Regulation

SFO launches fraud probe into unregulated property scheme

The Serious Fraud Office is investigating an allegation of fraud against a number of investment funds operated by Stirling Mortimer Global Property fund.

clock 04 July 2014 • 2 min read

Regulation

Retired IFA battling generation-old complaint pushes MP on 'crazily unfair' long-stop

A retired IFA currently battling an Ombudsman payment protection insurance claim dating from the 1980s says the lack of a complaints long-stop for advisers is "crazily unfair" and is pushing his MP to intervene.

clock 03 July 2014 • 3 min read
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