| Department | Department for the Economy |
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| Start date | 23/01/2023 |
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| End date | 23/02/2023 |
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| Type of consultation | Other |
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| Deadline for comments | 23/02/2023 |
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| Responses publish date | 18/08/2023 |
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About the consultation
This consultation seeks your views on planned changes to the Financial Services Ombudsman (Jersey) Law 2014:
Proposed changes
The proposed changes include:
-
bring into the remit of the Financial Services Ombudsman complaints relating to Jersey tax approved employer managed occupational pension schemes
- bring into its remit those persons who are the employer or trustee or manager of any Jersey tax approved pension scheme whether they are regulated or remunerated for acting in that capacity
- introduce a UK Pension Ombudsman framework for pension-related complaints with the Financial Services Ombudsman being able to make directions for an uncapped monetary award to be paid to a complainant’s pension benefits or for the complainant’s pension rights or scheme benefits to be restituted.
How to submit comments to the consultation
This consultation is now closed and a summary of the responses published below.
Data protection
The information you provide will be processed in compliance with the Data Protection (Jersey) Law 2018. For more information, see the Department for the Economy privacy notices and retention schedule.
Under the Freedom of Information (Jersey) Law 2011, information submitted to this consultation may be released if a Freedom of Information (FOI) request requires it, but no personal data may be released.
Responses to the consultation
Feedback report on consultation on enhancing the remit of the Ombudsman for pension related complaints
gov.je