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Complaints jump by 40% year on year 

News

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

Data and Insight H1 data ...

Published 24/10/2024    Last updated 24/10/2024

Unexpected withdrawal charge from transferring money to different ISA types  

Decisions and case studies / Case studies

When Sean transferred money between different ISAs, he didn't realise that he'd incur a withdrawal charge because the new ISA was less than 12 months old. He got in touch for us to investigate.

ISAs

Published 03/09/2019    Last updated 05/03/2025

Misunderstanding credit protection could cost consumers thousands 

News

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

Section 75 Press release

Published 23/10/2024    Last updated 23/10/2024

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

News

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.

Published 19/11/2024    Last updated 19/11/2024

Financial Ombudsman Service sees complaints increase by more than 50% 

News

Our newly published data shows that complaints about fraud and scams, current accounts and credit cards are at record highs.

Q2 data Press release ...

Published 27/11/2024    Last updated 27/11/2024

Christmas tips from the Financial Ombudsman Service to help protect consumers’ festive finances 

News

Consumers can take some easy steps to protect themselves from unexpected financial worries this Christmas.

Travel Insurance Section 75 ...

Published 04/12/2024    Last updated 04/12/2024

High demand for Financial Ombudsman Service continues while business fees remain at lower levels 

News

The Financial Ombudsman Service will keep costs lower for businesses and further improve its value for money as it faces continued high demand in the year ahead, according to proposals published today.

Consultations and responses Press release ...

Published 11/12/2024    Last updated 11/12/2024

Consumer complains about advice to contract out of SERPS 

Decisions and case studies / Case studies

We looked into Bryn's complaint as he felt the advice he was given to contract his pension out of SERPS was unsuitable and they hadn't taken certain factors into account.

Pensions

Published 27/09/2019    Last updated 05/03/2025

A consumer complains that a used van supplied on finance is unsafe and faulty 

Decisions and case studies / Case studies

Patrick got a used van through a conditional sale agreement. After a few months into his agreement, he experienced problems with the van and wanted a refund.

Consumer Credit

Published 05/11/2019    Last updated 05/03/2025

Abby Thomas to step down as Chief Executive Officer and Chief Ombudsman of the Financial Ombudsman Service 

News

The Financial Ombudsman Service announces that Abby Thomas, who joined in October 2022 as Chief Executive and Chief Ombudsman, is stepping down.

Published 06/02/2025    Last updated 06/02/2025

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