Category: Ombudsman

Ombudsman report causes a stir

It seems that the All Party Group's report on the Financial Ombudsman Service has caused abit of a stir. Saturday's Money Box on Radio 4 featured a debate between Chris Cummings of the Association of Independent Financial Advisers and the...

Group sets out Ombudsman views

The report from the All Party Parliamentary Group on Insurance & Financial Services on the future of the Financial Ombudsman Service makes several interesting recommendations. It comes out with some clear recommendations on the binding limit and the need for...

Hunt review will move Ombudsman forward

Lord Hunt has hit several nails firmly on the head in his review of the Financial Ombudsman Service. His demand that it breaks out of its middle class enclave is a bold one and not to everyone's liking. Similarly, he...

Merricks departure as Financial Ombudsman leaves a very big hole to fill but a decent legacy

Walter Merricks' decision to step down as chief ombudsman at the Financial Ombudsman Service does, for once, merit the description of being the end of an era. He has been the only holder of that post in the ten years...

Equitable Life: it wasn't meant to be like this

The announcement yesterday by Treasury minister Mark Hoban that we are still probably at least a year away from getting compensation into the hands of Equitable Life policyholders falls some way short of the expectations that the coalition government partners...

About the Author:

David Worsfold

David has been a financial journalist for 30 years and is currently Group Editorial Services Director at Incisive Media.

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