Analysis: WASPI compensation could cost DWP £10.5bn

Redress of between £500 and £3,000 for WASPI women, as recommended by the Ombudsman in its report today, would cost the DWP between £3.5bn and £10.5bn according to Hargreaves Lansdown.


Ombudsman tells DWP to pay WASPI compensation

The Parliamentary and Health Service Ombudsman has called on the Department for Work and Pensions to consider paying compensation to women born in the 1950s hit by the increase in the State Pension age.


Regulators to drop £10,000 complaints claim limit

The FCA, PRA and Bank of England are to remove the £10,000 limit on compensation payments related to complaints about the regulators due to be implemented from 1 November.


FSCS calls for increase to pension compensation limit

The Financial Services Compensation Scheme (FSCS) has called for the £85,000 compensation limit to be reviewed for pension claims.

 Promote your vacancy to thousands of professionals on Financial Planning Jobs  
Our specialist jobs service Financial Planning Jobs can help you reach nearly 12,000 financial professionals. You can set up an Employer Profile and post your job the same day on Financial Planning Jobs (terms apply). Dozens of Financial Planning and Paraplanning firms have used our affordable service to recruit new talent.
Offer: Use code 'FPJSaver10' on checkout to save 10% on your listing. Click for details: