Legal ombudsman calls on government to take action over unregulated companies offering consumer financial services
Thousands of people are being ripped off by unregulated claims management and will writing companies, the legal ombudsman has said in his first annual report. Chief ombudsman Adam Sampson called on the government to take urgent action to make sure consumers are not left confused and vulnerable by unregulated companies.

The consumer organisation Which? and the Law Society backed the claims and called for more protection for customers.

They said the increased bundling of legal services with financial services and other products, including more being offered via the internet, posed serious dangers for consumer protection.
The ombudsman said that since becoming operational late last year his office had been contacted by 38,155 people and had accepted 3,768 cases for investigation. One in five cases involved.....Unregulated will writers 'rip-off thousands every year' | Money | guardian.co.uk