Tag Archives: Financial Ombudsman
Are SIPPs just too complicated?
News yesterday that complaints about SIPPs (Self Invested Personal Pensions) are now upheld by the pension ombudsman more than any other financial product. The number of new complaints to the Financial Ombudsman Service concerning Sipps has nearly doubled in … Continue reading
What are we to make of the Financial Ombudsman?
The Financial Ombudsman’s annual report – published yesterday – shows strong demand for its services. But the perception of what FOS does seems to be wider than it should be. Many people use FAS as a money advice service , … Continue reading
SIPPs – where does the buck stop?
The recent ruling of the Financial Ombudsman found in favour of investor- “Mr A” and against Berkeley Burke, a SIPP provider who had managed a £25,000 investment made by Mr A in Sustainable AgroEnergy. Mr A had been advised by … Continue reading