FOS upholds third of complaints against providers

Scott Sinclair
clock

A third of complaints against the major UK insurers were found in favour of the consumer, half the number upheld against banks, figures from the financial ombudsman (FOS) show.

According to data for the first six months of 2009, upheld complaints against the likes of Aviva, Axa, L&G and Friends Provident fell around the 30% mark. Axa Insurance received the most complaints (513), according to the FOS, which is today naming and shaming the worst complaints offenders for the first time. Four in ten of these cases were found in favour of the consumer but Phoenix Life, the next biggest complaint recipient, was deemed not to have a case to answer on two-thirds of complaints. The FOS upheld 49% of the 164 complaints it received about Windsor Life, but only 27% o...

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 Protection

Protection and pensions: Overcoming challenges faced across both sectors

Protection and pensions: Overcoming challenges faced across both sectors

'Pensions and protection aren't often spoken about in the same sentence'

Paul Yates
clock 11 June 2025 • 4 min read
Training day: How will CPD changes impact protection?

Training day: How will CPD changes impact protection?

Rules may “lead to protection being overlooked”

Cameron Roberts
clock 30 May 2025 • 6 min read
'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

Majority believe IFAs and wealth managers should not outsource, PA Asks finds

Isabel Baxter
clock 13 May 2025 • 3 min read