Financial Services and Pensions Ombudsman Bill 2017
Public bill · Government · Presented
Creates a single, stronger complaints body for financial services and pensions by merging the old ombudsman bodies into one office with an ombudsman, deputy ombudsman and council. It gives consumers, small businesses and charities a clearer route to complain, extends the time limit for many long-term financial and pension complaints, and sets out how cases are investigated, settled, decided and appealed. It also gives the new office powers to publish findings, share information with regulators and be funded partly by levies on the financial services industry, making oversight more joined-up and transparent.
Formal long title
Bill entitled an Act to provide for the establishment of the Office of the Financial Services and Pensions Ombudsman and to confer functions on it; to provide for the appointment of persons to be the Ombudsman and Deputy Ombudsman; to provide for a complaints procedure; to provide for appeals in relation to decisions of the Ombudsman; to provide for the dissolution of the Financial Services Ombudsman Council, the Financial Services Ombudsman's Bureau and the office of the Pensions Ombudsman; to provide for the establishment of the Financial Services and Pensions Ombudsman Council; to repeal certain provisions of the Central Bank Act 1942 and the Pensions Act 1990 and to amend the Freedom of Information Act 2014; and to provide for related matters
Last updated 12 April 2018
- Minister for Finance Primary
- First StageDáil
- Second StageDáil
- Committee StageDáil
- Report StageDáil
- Fifth StageDáil
- Second StageSeanad
- Committee StageSeanad
- Report StageSeanad
- Fifth StageSeanad Enacted
- EnactedEnacted
- Financial Services and Pensions Ombudsman Bill 2017: Committee and Remaining Stages Seanad
- Financial Services and Pensions Ombudsman Bill 2017: Second Stage Seanad
- Financial Services and Pensions Ombudsman Bill 2017: Order for Report Stage Dáil
- Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages Dáil
- Financial Services and Pensions Ombudsman Bill 2017: Second Stage (Resumed) Dáil
- Financial Services and Pensions Ombudsman Bill 2017: Referral to Select Committee Dáil
- Financial Services and Pensions Ombudsman Bill 2017: Order for Second Stage Dáil
- Financial Services and Pensions Ombudsman Bill 2017: Second Stage Dáil