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Financial Ombudsman Chair writes to FCA Chair to confirm board decision on charging professional representatives

19 November 2024

Our Chair has written to the FCA in regards to the consultation on introducing a fee for Claims Management Companies (‘CMCs’)
bringing cases to the Financial Ombudsman Service.

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Financial Ombudsman Service and FCA move to modernise redress system

15 November 2024

We launch a ‘Call for Input’ jointly with the Financial Conduct Authority (FCA) to create stability for consumers and businesses.

Press release CMC Consultations and responses

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‘Ghost brokers’ haunting the insurance market

29 October 2024

This Halloween beware of ‘ghost broker’ deals that are too good to be true or risk being scammed by fraudsters.

Motor Insurance Fraud and scams Press release

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Complaints jump by 40% year on year

24 October 2024

The number of financial complaints we received in the first half of 2024 rose by over 40%.

H1 data Press release Data and Insight

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Misunderstanding credit protection could cost consumers thousands

23 October 2024

Not understanding the rules around ‘Section 75’ claims could affect consumers’ chances of getting their money back.

Press release Section 75

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Don’t let wedding woes ruin your big day: check your insurance now

17 October 2024

Couples planning the most important day of their lives risk severe financial penalties if they take out insufficient cover or do not understand their policies.

Wedding insurance Press release

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Car modifications can wreck your insurance

30 September 2024

From tinted windows to new alloy wheels, the pitfalls of vehicle alterations have been highlighted by us for the first time.

Press release Motor Insurance

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Businesses must step up support for people in debt

19 September 2024

Businesses need to take a more compassionate approach to debt management, Abby Thomas, Chief Executive and Chief Ombudsman said today.  

Press release Consumer Credit Debt

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Financial Ombudsman Service outlines top tips to avoid common pension complaints

11 September 2024

The common pension pitfalls are being highlighted today to mark pensions awareness week and help consumers understand the help that’s available.

Press release Pensions

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Ombudsman News

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