Independent Review clears Financial Ombudsman

An Independent Review has cleared the Financial Ombudsman Service of being unfit for purpose following a probe by Channel 4’s Dispatches programme earlier this year.

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FOS data shows 37% surge in SIPP complaints

Complaints about SIPPs to the Financial Ombudsman rose by 37% over the past 12 months but complaints about IFAs fell steeply at the same time, according to FOS data released today.

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2 firms lose FOS cases over unsuitable advice for SIPPs

Two firms have been told they must compensate clients after unsuitable advice relating to a SIPP.

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AJ Bell ordered by Ombudsman to make payout

Platform and SIPP provider AJ Bell has been ordered to pay £500 to a customer to compensate for loss of interest.

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