any of five British ombudsmen: the Banking Ombudsman, set up in 1986 to investigate complaints from bank customers; the Building Society Ombudsman, set up in 1987 to investigate complaints from building society customers; the Insurance Ombudsman, set up in 1981 to investigate complaints by policyholders (since 1988 this ombudsman has also operated a Unit Trust Ombudsman scheme); the Investment Ombudsman set up in 1989 to investigate complaints by investors (the Personal Investment Authority Ombudsman is responsible for investigating complaints by personal investors); and the Pensions Ombudsman, set up in 1993 to investigate complaints regarding pension schemes
noun 1. the devising of a program for the allocation and management of finances and capital through budgeting, investment, etc. 2. the business of devising such programs.
[fi-nan-shuh l, fahy-] /fɪˈnæn ʃəl, faɪ-/ adjective 1. pertaining to monetary receipts and expenditures; pertaining or relating to money matters; pecuniary: financial operations. 2. of or relating to those commonly engaged in dealing with money and credit. noun 3. financials, financial information or data about a company, as balance sheets and price-earnings ratio. /fɪˈnænʃəl; faɪ-/ […]
- Financial services authority
noun 1. (in the United Kingdom) a regulatory body that oversees London’s financial markets, each of which has its own self-regulatory organization: it succeeded the Securities and Investments Board FSA
- Financial year
noun (Brit) 1. any annual period at the end of which a firm’s accounts are made up 2. the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year