FOS is "draining confidence and innovation" of advice firms - Rosemount Financial Solutions (IFA) open letter to Emma Reynolds, Economic Secretary to the Treasury

01 May 2025

Available via the download links below is an open letter, and appendix, from Rosemount Financial Solutions (IFA) to Emma Reynolds, Economic Secretary to the Treasury, about how the way that the Financial Ombudsman Service operates is damaging the confidence and prospects of financial advice firms.

Rosemount argues that the FOS is currently acting as a "bottleneck, draining confidence and innovation for firms operating in the advice industry".

Click below to download the full press release

Letter to Emma Reynolds MP re FOS 28042025.pdf Download

Appendix to Letter to Emma Reynolds MP 28042025.pdf Download