UK - The pensions ombudsman has taken the unprecedented step of fining a financial adviser £2000 for "injustice" caused by distress and inconvenience.
Ombudsman David Laverick’s fine on Alexander Forbes Financial Services is double the penalty which courts ruled should be the penalty for cases of this nature. Courts said fines should only exce...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders