FOS complaints jump by 20% in 6 months

The Financial Ombudsman Service received a total of 95,349 complaints between 1 July and 31 December 2023 compared to 79,921 complaints in the same period in 2022.

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FOS increases maximum award limit

The Financial Ombudsman Service (FOS) has increased its maximum award limit from £415,000 to £430,000.

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FOS rapped by ICO over poor response times

The Financial Ombudsman Service has been rapped by The Information Commissioner’s Office over continued failings to meet its obligations under the Freedom of Information Act (FOIA).

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Ombudsman expects 10% increase in cases

The Financial Ombudsman Service is expecting over 181,000 consumer complaints in the 2024/25 financial year, according to its annual consultation paper.

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