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FOS

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 •

Regulation

Five reasons why the FOS must not 'name and shame'

The Financial Ombudsman Service (FOS) is in the process of deciding how it will go about publishing its decisions, and one of the main points of contention has been whether or not it should name the firms involved.

clock 08 February 2012 •

Regulation

FSA funding levy jumps 16%, but advisers will pay less

Advice firms will pay £38.4m towards funding the Financial Services Authority (FSA) in 2012/13, the regulator proposed today.

clock 02 February 2012 •

Regulation

FOS pushes ahead with plans to name firms involved in disputes

The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.

clock 31 January 2012 •

Regulation

PPI redress soars to new high

Payment Protection Insurance (PPI) redress totals have reached a new peak after payments rocketed by more than £100m in just one month.

clock 26 January 2012 •
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