UK - The recommendations of the Thornton report to combine the Pensions Ombudsman (PO) and Financial Ombudsman Service (FOS) will benefit consumers, according to Paul Thornton, who carried out the review.
Thornton insisted the report did not recommend scrapping the PO, but said there were irrefutable economic and resource benefits in combining the services. Consequently, he said: “Consumers shoul...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date