HomenewsMis-selling Scandal

  • Pension Freedoms – The Top Complaints

    • June 9, 2016
    • Posted by: cooperstern
    • Category: Annuity Claims
    No Comments

    Since April 2015, when the pension reforms were brought in, nearly 500 official complaints have been lodged with the Financial Ombudsman Service. Roughly, one in ten complaints to the Ombudsman regarding pensions is to do with the new pension freedoms. Out of the complaints, 365 have been resolved, with 25% upheld. The total of the

    read more

  • RBS to pay out £70m for mis-selling scandal

    • June 4, 2015
    • Posted by: cooperstern
    • Category: Uncategorised
    No Comments

    04 June 2015 The Royal Bank of Scotland (RBS) are offering 24000 customers compensation totalling £70m after admitting to the mis-selling of complex ‘structured deposit’ investments. Over the past 6 years RBS and Natwest have been mis-selling ‘Autopilot Bonds’ to their customers. These bonds, which have been described as ‘hideously complex’, promised to pay interest

    read more