Are unregulated investments ever a good idea?
Bad news travels fast and folklore can create a general mistrust of the industry
Ombudsman
-
-
4,000 savers wait more than two years for Ombudsman decision
‘It’s taking longer than we’d like to allocate cases’ for investigation
-
Staggering 91% rise in UK investment and pension complaints
Ombudsman believes cases ‘might have been avoided with better communication’
-
PEOPLE MOVES: Aegon, FOS, Enhance Group
Group chief tech officer steps down from pension provider, while UK ombudsman names interim CEO
-
Financial Ombudsman Service to cut 150 jobs
In a bid to provide ‘a cost-effective service’
-
PEOPLE MOVES: Financial Ombudsman Service, Gam, HSBC AM
CEO steps down from ombudsman, while investment firm hires head of marketing and client experience
-
IFS Qatar loses court fight
Victor says ‘our sector should have no place for the individuals who are currently running IFSQ’
-
Jersey to introduce pension regulations
Phased approach will address key consumer harms, such as high fees and lack of transparency
-
Guernsey’s perplexing pension transfer problem
Tug of war means clients can struggle to move their retirement pots
-
PEOPLE MOVES: HSBC Life, EFG International, Brown Shipley
Insurer makes c-suite changes, while Swiss private bank names head of continental Europe and Middle East
-
Just 11 FCA investigations into DB transfer misconduct in 2020
Despite a 26% increase in consumer complaints against firms
-
Ombudsman upheld just 27% of pension complaints last quarter
As it reveals surge in coronavirus-related enquiries