Financial Ombudsman Service

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Financial Ombudsman Service

62% of SIPP complaints to FOS upheld
Adviser to pay out for second time over UCIS investments
DB transfer complaints spike by 44% in a year
Financial Ombudsman Service rules against Sipp operator
Firms lose FOS cases over unsuitable advice for SIPPs
Former Which? exec to lead review into FOS
FOS data shows 37% surge in SIPP complaints
FOS expects 30,000 more complaints in 2024/25
FOS funding ‘will need to change’ FCA tells MPs
FOS orders Scottish Widows to compensate client
FOS pushes back complaints to firms to cut backlog
FOS reports surge in SIPP complaints
FOS to axe 150 jobs in re-organisation
FOS to increase its case fee to £750
FOS to raise compensation limit to £415,000
Integrity IFA scolded by ombudsman for ignoring client complaints
MPs criticise FOS over exit of Chief Ombudsman

The Treasury Select Committee has criticised the Financial Ombudsman Service for the way in which the departure of its former Chief Ombudsman and CEO Abby Thomas was handled.
Ombudsman reports 1,000+ complaints about SSAS and Sipps
Ombudsman upheld nearly six out of ten Sipp cases
Over 60% of Sipp complaints to ombudsman upheld

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