Lord Hunt of Wirral to review FOS

The board of the Financial Ombudsman Service (FOS) has engaged the Rt Hon Lord Hunt of Wirral MBE (David Hunt) to lead an independent review of the organisation – focusing on the openness and accessibility of the ombudsman service to its wide range of customers and stakeholders.

The board has committed itself to external scrutiny by way of three-yearly independent reviews. The previous external review – inspecting the FOS's case-handling procedures and systems – was carried out in 2004 by Professor Elaine Kempson.

The themes and focus for Lord Hunt's review were agreed by the board of the FOS and published as part of its corporate plan for 2007/08. As detailed in the corporate plan, the review that Lord Hunt will undertake will involve an examination, from an external

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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