UK - The Pensions Ombudsman (PO) and The Financial Ombudsman's Service (FOS) have been waiting in anticipation for the results of The Department of Work and Pensions (DWP) Institutional Review amid speculations they will be merged or scrapped.
This week there has been reports that the PO will be scrapped and that the FOS will take on its responsibility. A spokesperson for the FOS said: “We need to wait for Paul Thornton’s findings, it...
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