LifeSearch adviser fired following overheard conversation

FOS orders firm to pay £2,000 compensation

Adam Saville
clock • 2 min read

Intermediary accidently re-dialled client and made inappropriate comments to colleagues about his medical history

The Financial Ombudsman Service (FOS) has ordered adviser firm LifeSearch to pay £2,000 compensation to a client who overheard an adviser and his colleagues mocking him and his medical history. According to FOS, ‘Mr O' had just finished a conversation regarding life insurance with the adviser, who then called him back by mistake. During the conversation, he heard the adviser swearing, making offensive comments and ‘joking' that he should commit suicide due to his medical situation. Mr O had called LifeSearch after being told that he was uninsurable by a life insurance provider. Dis...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER Women in Protection and Health Awards 2025: Nominees announced

COVER Women in Protection and Health Awards 2025: Nominees announced

Promoting women’s excellence

COVER
clock 14 January 2025 • 10 min read
Industry can do more for vulnerable customers: Meg Kirby MBE

Industry can do more for vulnerable customers: Meg Kirby MBE

“Insurers need to ask themselves, is the money enough?”

Cameron Roberts
clock 14 January 2025 • 5 min read
The COVER Review: Kicking off 2025

The COVER Review: Kicking off 2025

Top stories in the first working week

COVER
clock 10 January 2025 • 1 min read