FOS reopens 23% more cases in weeks after Dispatches programme

Dispatches aired 12 March

Hannah Godfrey
clock • 2 min read

The FOS reopened 23.3% more cases in the fortnight following the Dispatches documentary than the corresponding period in 2017, a freedom of information (FOI) request by Professional Adviser has revealed.

When it aired on 12 March, the Channel 4 programme suggested "thousands of cases" might ultimately have to be reopened by the Financial Ombudsman Service (FOS) as a result of what it had found. From 13 March, the day after the Dispatches documentary aired, to 3 April 2018, when Professional Adviser submitted the FOI request, the FOS reopened 960 cases that had closed after its first-stage assessment. During the same period last year, the ombudsman reopened 778 cases, meaning 23.3% more cases were reopened in the two weeks following the Dispatches programme than 12 months earlier. 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 Regulation

Legal perspective: A lawyer's view on the FCA's latest employment tribunal case

Legal perspective: A lawyer's view on the FCA's latest employment tribunal case

Whistleblowing or gross misconduct?

Anita Vadgama
clock 17 April 2025 • 4 min read
FCA establishes US and Asia-Pacific presence to promote the UK overseas

FCA establishes US and Asia-Pacific presence to promote the UK overseas

Major international investors 'want easier access'

Beth Brearley
clock 16 April 2025 • 1 min read
Andrew Goodwin: Is targeted support really the revolution we need?

Andrew Goodwin: Is targeted support really the revolution we need?

'Forgive me for being a party pooper, but...'

Andrew Goodwin
clock 11 April 2025 • 4 min read