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Financial Ombudsman

British  

noun

  1. any of five British ombudsmen: the Banking Ombudsman , set up in 1986 to investigate complaints from bank customers; the Building Society Ombudsman , set up in 1987 to investigate complaints from building society customers; the Insurance Ombudsman , set up in 1981 to investigate complaints by policyholders (since 1988 this ombudsman has also operated a Unit Trust Ombudsman scheme); the Investment Ombudsman set up in 1989 to investigate complaints by investors (the Personal Investment Authority Ombudsman is responsible for investigating complaints by personal investors); and the Pensions Ombudsman , set up in 1993 to investigate complaints regarding pension schemes

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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See Examples For:

Eventually, she requested a refund through her bank and complained to the UK's Financial Ombudsman Service.

From BBC Apr. 27, 2025

Derai appealed to the Financial Ombudsman Service, an organisation that resolves disputes between businesses and customers.

From BBC Nov. 29, 2024

Revolut says it cannot comment on Jack’s case as it is being looked at by the Financial Ombudsman Service.

From BBC Oct. 14, 2024

Bella's bank has refused to refund her as a victim of fraud, although she is now challenging that decision with the Financial Ombudsman Service.

From BBC Jan. 13, 2024

With several dozen employees and a turnover of around £11m, the company is not afforded the same protections as individual consumers, such as the Financial Ombudsman Service or the Contingent Reimbursement Model code.

From BBC Oct. 21, 2023

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