FOS adjudictors

[The Debt Star]

Re: FOS adjudictors

Yeah, I'd enjoy doing that job too, and for the same reasons as you Di.

[di30]

Re: FOS adjudictors

I would love to have the job of an Adjudicator, yet I would be far too soft, complainants would love me

[garlok]

Re: FOS adjudictors

That would certainly make the fur and feathers fly Niddy! Can you just imagine it?

l

regards
Garlok

[di30]

Re: FOS adjudictors

Thanks Di

Niddy goes and applies for an adjudicator job

Just make sure you deal with my Hamilton case and uphold it LOL

[Never-In-Doubt]

Re: FOS adjudictors

So, your looking for part time employment, Niddy?

I'm thinking go to training then quit - learn some trade secrets. Never hurt before

[Angry Cat]

Re: FOS adjudictors

Thanks Di

Niddy goes and applies for an adjudicator job

So, your looking for part time employment, Niddy?

[Angry Cat]

Re: FOS adjudictors

I made one a few years ago but as they only provide information that applies to you as an individual.
A SAR to the FOS, is unlikely to reveal much.

[The Debt Star]

Re: FOS adjudictors

Thanks Di

Niddy goes and applies for an adjudicator job

Particularly if working in London

[The Debt Star]

Re: FOS adjudictors

Good Post Grannie. Very interesting, very interesting indeed...........

[pompeyfaith]

Re: FOS adjudictors

Sending a SAR to the FOS that is an interesting point and one that never crossed my mind during the fuck up in my FOS case.

Think I will send one to the FOS specially as they have original copies that I requested to be returned after closure which they have not done.

Thank You

[GrannieP]

Re: FOS adjudictors

Qualifications of FOS Adjudicators is a grey area. The salary paid to Adjudicators is unlikely to attract high fliers in the financial world. They are also paid a bonus for hitting targets for case closures. Most FOS cases are decided by adjudicators, but you can ask for your case to be passed to an Ombudsman, this causes further a lengthy delay.

FOS have been reported as unwilling to reveal their adjudicators' qualifications
http://www.moneymarketing.co.uk/1017...ype=newsletter

As reported by Anthony Speight QC, Jane Sanders the FOS whistleblower has made some comments about this as well. "Whilst at FOS, I was told that I must reply, when challenged, that my qualifications have no bearing on the job at hand; I do the job at hand because FOS says I am competent to do so. Under no circumstances was I to reveal my qualifications".
http://www.financial-ombudsman-probl...stleblower.htm

Here is what one FOS claimant reported about his adjudicator as evidence to the Lord Hunt Review of the FOS

"The Adjudicator's first letter to me, summing up the issues, included two points from my written evidence but omitted several others. She also added two points I had not made at all, one of them trivial which had been dropped by me years before, but still appeared in the firm's evidence. She therefore used the firm's evidence, rather than mine, to assess my case. She has apologised, but the standards applied are obvious. Omitting important issues and inserting trivial ones, throws doubt on her abilities. Additionally she showed my letters and evidence to the Bank, but I was not shown theirs, she mis-understood the amount that was intended to be invested by an staggering £44,000 (though the Ombudsman eventually corrected this), she did not pick up crucial dates even though these were written on the contract documents, in fact she did not accept that the financial documents signed by my Aunt and the firm actually formed a contract at all. She thought compensation interest paid as bare base rate was fair even though any number of higher rate accounts were available. She declared an old lady (84) who inherited a portfolio to be an experienced investor, though she only had bank and building society accounts before this and never traded any shares. A final amount invested by the Bank was £27,000 more than originally agreed, without written confirmation that my Aunt agreed to this change, but this did not concern the Adjudicator. She was unconcerned that my Aunt aged 84 had been advised to reduce her cash assets to 7% of her wealth. She thought the firm had adequately monitored my Aunt's investments even though, when she became ill and entered a care home she had insufficient funds in cash to pay for her initial month's fees. She approved the firm's offer as fair and reasonable even though it wrongly included a 20% tax deduction, but could not explain why tax had been deducted when I asked her. I do not think the Adjudicator had adequate skill and experience to handle a case of this complexity".

Full evidence to Lord Hunt
http://www.financial-ombudsman-problems.co.uk/full.htm

[Never-In-Doubt]

Re: FOS adjudictors

http://www.adecco.co.uk/en-GB/career...?job-id=101569

Thanks Di

Niddy goes and applies for an adjudicator job

Salary
£24,500 Yearly (shite or what??)

[mgfboy]

Re: FOS adjudictors

very interesting, I tell you one thing other if you want to get some interest info out of them , send in a SAR, they wouldn't do a complete one but they did send me bank info that had either been redacted or missed when I SAR'edthe bank.

Saying that the adjudicator , didn't understand what he was sent anyway!!!

[di30]

Re: FOS adjudictors

Maybe this would help.

http://www.financial-ombudsman.org.u...djudicator.pdf

http://www.adecco.co.uk/en-GB/career...?job-id=101569

http://www.financial-ombudsman.org.u..._ccd-adjud.pdf

As found on here.
http://www.financial-ombudsman-problems.co.uk/

[garlok]

Re: FOS adjudictors

Even better!