Consumers in Scotland lodge over 1,300 fraud and scam complaints
31 January 2025
Fraud and scam complaints from people living in Scotland have increased by almost 40% year-on-year.
Financial Ombudsman Service publishes Feedback Statement on outcome reporting consultation
The Financial Ombudsman Service has published its consultation Feedback Statement on proposed amendments to the way it reports business-specific complaints data.
Over the last year we’ve made good progress in bringing down our backlog and waiting times, but there’s more for us to do to provide the best service to all our customers.
As a result of the consultation and feedback received, the Financial Ombudsman Service will be proceeding with the initiative, which will see it report cases as “proactively settled” where certain criteria is met. This will be a trial for the 2023/24 financial year.
This follows on from a similar initiative launched in November 2021, which led to around 100 businesses making 7,000 offers to resolve complaints more quickly.
The key difference from the previous consultation and implementation is that this initiative only applies to new cases with the service.
Latest news
Consumers in the North West lodge nearly 3,000 fraud and scam complaints
31 January 2025
Fraud and scam complaints from people living in the North West of England have increased by a third year-on-year.
Londoners lodge almost 7,000 fraud and scam complaints
31 January 2025
Fraud and scam complaints from people living in London have increased by a third year-on-year.