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FOS warns complaints could soar to 210,000 this year

The Financial Ombudsman Service expects the number of complaints it will receive this year to hit 210,000 - nearly 30,000 higher than predicted in December.

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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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New Regulators' Complaints Commissioner appointed

Experienced financial services lawyer Rachel Kent is to succeed Amerdeep Somal as the Financial Regulators' Complaints Commissioner, starting a five-year term starting on 1 January.

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BSPS cases set to decline in 2024 says FOS

The Financial Ombudsman Service expects British Steel Pension Scheme cases to fall in the coming year amid an expected plateauing in investment and pensions complaints.

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