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Financial Ombudsman Service (FOS)

Headlines I hope to see in 2026

Deputy Editor’s View: With the year drawing to a close, Scott McGee looks back at what he thinks are the main themes of 2025 and how they could develop in 2026.

FOS looking to improve its ‘value for money’

The Financial Ombudsman Service is actively working to justify its cost to the industry through its overhaul consultation in July, delegates at the Chartered Institute of Loss Adjusters conference have heard.

Wedding venue’s Covid fight with RSA drags on

A Devon wedding venue’s dispute with its insurer RSA is still rumbling on more than five years after the first government Covid restrictions were put in place, and more than eight months after the complaint it lodged with the Financial Ombudsman Service…

Power List: Ones to watch in insurance in 2025

These industry leaders narrowly missed out on a place in this year’s Insurance Post Power List, but based on their role, career to date and growing influence look set to feature in future rankings.

Rachel Lam named interim ombudsman MD

Rachel Lam is now interim managing ombudsman director of the Financial Ombudsman Service, as Jenny Simmonds and James Dipple-Johnstone temporarily step into the shoes of Abby Thomas.

MPs demand answers surrounding FOS CEO’s exit

The Treasury select committee has written to both the Financial Conduct Authority and Financial Ombudsman Service about the circumstances which surrounded the departure of CEO and chief ombudsman, Abby Thomas, last week.

FOS to charge CMCs to refer cases

The Financial Ombudsman Service has announced it will charge claims management companies £250 to refer cases to the service from the start of April.

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