Financial complaints reach a record high in Scotland - Scotsman


Scotsman
Financial complaints reach a record high in Scotland
Scotsman
Picture: Jane Barlow SO what are we most likely to complain about and what are the chances of success if we do? asks Jeff Salway Scottish complaints to the Financial Ombudsman Service hit a record high last year as more people took companies to task ...
Lenders Still Deliberately Blocking PPI Claims, Says Debt Solutions Company ... Exec Digital (press release)
Thousands of Staffordshire complaints about PPI claim management firms StaffsLive

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Insurers hit hard by funding increase for fees and levies - FT Adviser

Insurers hit hard by funding increase for fees and levies
FT Adviser
By Julia Bradshaw | Published 09:00 | comments The industry will pay £126.9m more in fees and levies to the FSA, Financial Services Compensation Scheme, Money Advice Service and Financial Ombudsman Service, than it did in 2010/2011, a rise of 11.8 per ...

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MEP demands better qualified ombudsmen - FT Adviser


FT Adviser
MEP demands better qualified ombudsmen
FT Adviser
Outspoken MEP claims the ombudsman's adjudicators should have “level six qualifications and five years practising experience”. By Donia O'Loughlin | Published Feb 09, 2012 | comments The publication of decisions made by the Financial Ombudsman Service ...

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FOS orders bank to pay up for mis-selling AIG bond - ifaonline.co.uk

FOS orders bank to pay up for mis-selling AIG bond
ifaonline.co.uk
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. A provisional decision published by the organisation, designed to show its general approach to this kind of ...

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In Depth: Is Fos going to become a 'quasi-regulator'? - FT Adviser


ifaonline.co.uk
In Depth: Is Fos going to become a 'quasi-regulator'?
FT Adviser
Negative publicity, vexatious complaints and having the Financial Ombudsman become a 'quasi-regulator' top concerns. By Michael Trudeau | Published Feb 08, 2012 | comments The Financial Ombudsman Service recently called for feedback on a series of ...
Five reasons why the FOS must not 'name and shame' ifaonline.co.uk
Q&A: how to complain about your bank Citywire.co.uk
FOS undeterred in its plans to publish firm names in Ombudsman decisions ... Lexology (registration)

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Andreas Whittam Smith: Sweetheart tax deals aren't for the little people - The Independent

Andreas Whittam Smith: Sweetheart tax deals aren't for the little people
The Independent
The paper's first editor (1986-1994), he has subsequently been the president of the British Board of Film Classification (1998-2002) and chairman of the Financial Ombudsman Service (1998-2003). He is currently First Church Estates Commissioner ...

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FOS rules against bank's advice over AIG fund - Citywire.co.uk

FOS rules against bank's advice over AIG fund
Citywire.co.uk
by Daniel Grote on Feb 10, 2012 at 12:14 The Financial Ombudsman Service has found in favour of a bank client who complained about advice to invest in investments from failed provider AIG. In a provisional decision published by the Ombudsman, ...

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