Barclays named and shamed at top of FCA complaints list

Laura Miller
clock • 3 min read

Barclays has been named as the Financial Conduct Authority's (FCA) most complained about firm for the second half of last year.

The figures show that there were 3,422,384 complaints over the period, an increase of 1% on the first half of 2012. The top five most complained about financial firms, in terms of the number of complaints seen in the second half of 2012, are: 1. Barclays - 414,302 (a decrease of 6% since the first half of 2012) 2. Lloyds TSB - 349,386 (a decrease of 19% since the first half of 2012) 3. Bank of Scotland - 338,912 (a decrease of 7% since the first half of 2012) 4. MBNA Limited - 270,486 (a decrease of 3% since the first half of 2012) 5. Santander UK - 237,923 (a decrease of ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth managers

The existential threat at the heart of Britain's biggest wealth manager

The existential threat at the heart of Britain's biggest wealth manager

Fees made St James's Place rich but now risk toppling the firm

Chris Newlands
clock 15 May 2024 • 10 min read
St James's Place results lay bare cost and charging challenges against market tumult

St James's Place results lay bare cost and charging challenges against market tumult

'Structural opportunity' for advice industry

Hope Coumbe
clock 28 February 2024 • 3 min read
SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

Open-ended structures 'have to work'

Valeria Martinez
clock 01 December 2023 • 2 min read
Trustpilot