Banks dominate FOS complaints name and shame list

Scott Sinclair
clock

Banks dominated new FOS complaints figures naming and shaming the worst offenders for the first time.

Seven banks each had more than 2,000 new complaints in the first six months of 2009, accounting for almost half of all complaints received by the FOS. Lloyds and its subsidiaries accounted for more than 15,233 complaints, more than a fifth of the total received by the FOS. National IFA Sesame received 144 complaints while Phoenix Life received 508 and Windsor Life 164. Elsewhere, Santander Asset Management and St James's Place Wealth Management are both listed. Providers Aviva, Axa, Friends Provident, Legal & General, Liverpool Victoria, Scottish Widows and Zurich are also included...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read
Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read