Change of legal status
From 1 June 2021, the FCA will no longer be accepting Change of Legal Status applications. Instead, if you are […]
complaints
FOS award limit to remain unchanged
The FCA has made the following announcement about the FOS award limit. “When we increased the Financial Ombudsman Service’s award […]
GI and mortgage intermediary firms – PII cover and pandemic exclusions
The significant increase in PII costs for firms providing investment advice in recent years and the difficulties for firms doing […]
Changes to DB Transfer redress calculations
FCA redress guidance has been updated as at March 2021 – this article explains the background as at the date […]
Financial protection post-BREXIT
In December 2020, we reminded readers about the expected changes to FSCS protection after the EU withdrawal period ended on […]
Another pension switch bites the dust
Yet another switch has been found wanting at the FOS.
Suitability Reports – avoiding common problems
How to avoid some of the commonly found issues with Suitability Reports.
PROD – negative target market
You are probably familiar with the concept of a target market under PROD rules. What about the negative target market?
Suitability Reports: Who is Fred?
There is an old joke about a man going to his dentist, picking up a magazine in the waiting room […]
Complaints considered by a court
Can the FOS consider complaints after they have been through the legal system?