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FOS

Your profession

Watchdog rejects claims management ad gripe

The Advertising Standards Authority (ASA) has rejected a complaint that an advert for a claims management firm was misleading, after consumer bodies have warned against the firms.

clock 07 March 2012 •

PMI

Bupa: Only 2% of complaints reach FOS

Bupa has become the second insurer to give further clarity about its complaints levels, suggesting providers may want further details to be published by the Ombudsman to put figures into a wider context.

clock 29 February 2012 •

Regulation

AIFA to examine impact of long stop absence on industry

The Association of Independent Financial Advisers (AIFA) has launched a campaign to help advisers protect against long-term liabilities.

clock 29 February 2012 •

Regulation

Sesame: Claims companies to blame for complaints rise

Sesame has blamed claims management companies (CMCs) for a near-100% rise in the number of complaints against it being referred to the Financial Ombudsman Service (FOS).

clock 28 February 2012 •

Regulation

PMI market leaders see rise in FOS complaints

The private medical insurance (PMI) market's two biggest players have seen a rise in the number of complaints escalated to the Financial Ombudsman Service (FOS).

clock 28 February 2012 •

Whole of Life

Whole of Life - Flickering into life

When addressing a client's protection needs, most products deal in the term space. But with people potentially outliving these contracts, Owain Thomas looks to whole of life for rejuvenation.

clock 24 February 2012 •

Regulation

Slow PPI redress an "open goal" for claims firms, warns Which?

Which? has urged banks to streamline their payment protection insurance (PPI) claim process or risk exposing customers to claims management companies, after just a quarter of the promised amount of redress was paid out in 2011.

clock 22 February 2012 •

Regulation

Market views: Better regulation for smaller brokers?

Given the Financial Ombudsman Service's (FOS) desire to see larger caseload contributors paying a greater share of the costs, do you think this heralds a focus on smaller companies well being from regulators?

clock 13 February 2012 •

Regulation

FOS orders bank to pay up for mis-selling AIG bond

The Financial Ombudsman Service (FOS) has ruled against a bank for advising a client to invest £3.2m in a bond issued by failed US insurer AIG.

clock 10 February 2012 •

Your profession

Secrets & lies: The struggle to whistleblow

The FSA is big on whistleblowing, or so it claims. But these adviser testimonies suggest the regulator is rather letting the industry down, writes Laura Miller.

clock 09 February 2012 •
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