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Complaints

Old Mutual most complained about insurer in South Africa

Africa | 11 May 17

Old Mutual most complained about insurer in South Africa

Old Mutual Life Assurance Company, South Africa’s largest life insurer, has topped the list of complaints filed against insurers, according to latest data from the country’s ombudsman.

FCA knuckles rapped over complaints handling procedure

United Kingdom | 5 May 17

FCA knuckles rapped over complaints handling procedure

The UK’s Financial Conduct Authority (FCA) has been criticised by the Complaints Commissioner for parts of its handling of a complaint by a former company chair, and told to review its processes.

FCA upholds over two-thirds of UK pension complaints

Tax & Regulation | 26 Apr 17

FCA upholds over two-thirds of UK pension complaints

Over two-thirds of all complaints made against pension providers were upheld in the second half of 2016, according to the latest data released by the Financial Conduct Authority (FCA).

One in 10 calls to the FCA about scams

Tax & Regulation | 23 Feb 17

One in 10 calls to the FCA about scams

More than one in 10 consumers contacting the Financial Conduct Authority (FCA) do so to report a financial scam and to find out what they can do about it, the UK regulator revealed Thursday.

Sipp complaints to ombudsman over risk suitability down 12%

Retirement | 13 Feb 17

Sipp complaints to ombudsman over risk suitability down 12%

Complaints about self-invested personal pension scheme (Sipps) investments not matching client risk appetites declined by a third over the past two years, according to new figures obtained by UK IFA firm Salisbury House Wealth.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.