Displaying items by tag: Financial Ombudsman Scheme

The UK’s financial regulators say working together has improved outcomes, particularly in relation to failings by SIPPs operators, the British Steel Pension Scheme scandal and the introduction of Consumer Duty.

The number of complaints dealt with by the Financial Ombudsman Scheme has fallen to its lowest level for at least 7 years.

The percentage of complaints about SIPPs upheld by the Financial Ombudsman Scheme rose sharply in the spring as the number of new complaints about SIPPs also rose sharply.