Written questions

Financial Conduct Authority

Lords · Question HL15898 · Tabled 24 Mar 2026 · Treasury · Official record

Answered 9 Apr 2026

Question

Asked by Lord Cromwell

To ask His Majesty's Government what steps they are taking to ensure that the respective regulatory responsibilities are clearly defined between investment platforms, independent financial advisers and Self-Invested Personal Pension operators under Financ

Answer

Answered by Lord Livermore, 9 Apr 2026

The Government recently carried out a review of the Financial Ombudsman Service (FOS), and consulted on proposed changes to the statutory framework in which it operates. On 16 March, the Government published a response to its consultation on reforming the...