Financial Ombudsman Service

Improving the banking customer experience

Published on: June 14, 2013

Author: Epticablog

Customer service at banks is again in the spotlight. Firstly, an undercover reporter from The Times found shortcomings at one of Lloyds Payment Protection Insurance (PPI) complaints handling centres. Staff were allegedly being taught to reject potential complaints and ignore potential fraud by Lloyds salesmen. The bank has said that it identified shortcomings independently and has retrained staff ...

Dealing with financial services complaints – top 5 tips

Published on: October 19, 2011

Author: Epticablog

Figures just released by the Financial Ombudsman Service (FOS) show that the number of complaints made by consumers increased by 24% in the third quarter. 31,386 complaints were made to the FOS, which deals with issues escalated by consumers beyond their financial services provider, between July and September 2011.Commentators have highlighted factors such as the worsening economic situation for t...