The Treasury Select Committee has criticised the Financial Ombudsman Service for the way in which the departure of its former Chief Ombudsman and CEO Abby Thomas was handled.

Financial Planning network Rosemount Financial Solutions has accused the Financial Ombudsman Service of damaging advice firms by acting as a “quasi-regulator.”

The number of complaints received by the Financial Ombudsman Service climbed by more than 40% in the last three months of 2024.

Change management specialist Marc Harris has joined the Financial Ombudsman Service (FOS) as its new chief operating officer.

The Parliamentary Ombudsman has launched an investigation into State Pension underpayments to tens of thousands of married women.