FOS and Pensions Ombudsman take opposing views…Oh dear !

Conflicting stances from the Pensions Ombudsman and the Financial Ombudsman Service on self-invested personal pension liability has been branded “madness”, as the two bodies enter talks to hammer out an agreement on the issue.  It seems a Judicial Review was mentioned and FOS decided to review its decision.  All this has been dragging on since 2014.

The question of what circumstances permit the FOS to “review” a final decision seems to have come up.  For normal mortals “the ombudsman’s decision is final”
Read the story here…FT Adviser

More on the original case

Categories: FCA, FOS, JR

Tags: , ,

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