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FOS training should be top of reform list, reviewer says

Staff training and management capability must be front and centre in a full cultural reform of the Financial Services Ombudsman, says former Which? chief executive Richard Lloyd. MPs on the Treasury Select Committee met to discuss Lloyd’s independent review into the FOS yesterday. The review was carried out after a Channel 4 documentary in March […]

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MPs call for collective defined contribution pensions

MPs have encouraged the government to seek innovation and the “great potential gains” of collective defined contribution pension schemes, a report published this morning by the work and pensions committee says. The committee says the schemes, which are already highly successful in Denmark and the Netherlands, offer advantages of a middle ground between defined benefit […]

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