FOS complaints data: Aviva tops list on pension gripes

Banks take crown for investment complaints

Hannah Godfrey
clock • 2 min read

Financial Ombudsman Service (FOS) data from the first six months of 2020 has revealed Aviva received the most pension complaints of all firms listed.

Between January and June 2020, the FOS received a total of 76,624 non-PPI complaints, up by just under 1,000 from the previous reporting period. During the period Aviva received 276 new pension complaints. In H1 2020, 23% of pension complaints against it were upheld but some of those could relate to pension complaints from a previous period that were resolved during the first six months of 2020. After Aviva came Prudential, with 195 new pension complaints during H1 2020, with 11% of pension complaints against upheld. Phoenix Life was the third provider most complained about when it...

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

FCA and FOS release call for input to modernise redress system

FCA and FOS release call for input to modernise redress system

Comes after Rachel Reeves’ Mansion House speech

Isabel Baxter
clock 15 November 2024 • 3 min read
Chancellor targets FOS modernisation and FCA consultation

Chancellor targets FOS modernisation and FCA consultation

Consultation part of the advice guidance boundary review

Isabel Baxter
clock 14 November 2024 • 3 min read
FCA issues warning notice against Crispin Odey over 'lack of integrity'

FCA issues warning notice against Crispin Odey over 'lack of integrity'

Regulator alleges 'reckless disregard' on governance

Cristian Angeloni
clock 04 November 2024 • 2 min read