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mis-selling

Your profession

Endowment redress must be calculated to present day - FOS

Redress for mortgage endowment mis-selling must be calculated to value the policy up to the present day, says guidance from the Financial Ombudsman Service.

clock 04 May 2004 •

Mortgages

Rows have surfaced over endowment compensation, says FOS

New disputes have erupted between clients and IFA firms over endowment mortgage mis-selling compensation calculations, suggests the Financial Ombudsman service.

clock 23 March 2004 •

Your profession

Zurich pinched by endowments as Allied Dunbar is fined £725,000

The FSA has hit Zurich subsidiary Allied Dunbar Assurance with a £725,000 fine for failing to properly review claims of endowments mis-selling.

clock 19 March 2004 •

uncategorised

Investment firms should only be paid for good returns, suggests TSC endowment report

Investment and endowment product remuneration should in the future only be paid if products deliver "a satifactory return", Treasury Select Committee officials have argued.

clock 11 March 2004 •

Your profession

Pensions advice costs Berkeley Jacobs dear

Berkeley Jacobs, part of the 80m euro Dublin-listed IFG Group, has been hit with a £175,000 regulatory fine for misleading advertising and failures in the advice it gave clients releasing cash early from their pensions.

clock 11 February 2004 •
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