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People also ask
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What powers does Fos have?
If the FOS upholds your complaint, they will decide what an acceptable resolution is. They have the authority to order the company to pay you compensation if they agree you've lost out financially due to the company's mistake or think you've been inconvenienced due to their actions.
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Can you go straight to the financial ombudsman?
You need to contact the financial business you want to complain about first, and give them a chance to resolve things, before submitting your complaint to us. You need to tell them what's happened and how you want the problem put right. If you haven't done that yet, read our step by step guide to complaining.
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What is a financial ombudsman?
The Financial Ombudsman Service is a free and easy-to-use service that settles complaints between consumers and businesses that provide financial services.
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Who funds the ombudsman?
The Financial Ombudsman Service is funded by the UK's financial services sector through a combination of statutory levies and case fees.
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