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Financial complaints hit record levels

Common issues are related to financial hardship, miscommunication, fraud, scams, and business loans.

Financial Ombudsman Susan Taylor.

A record number of complaints have been received by Financial Services Complaints and that could rise further in the tough economic environment. Complaints were up 6% to 1426 in the year ended June 30, compared with the year before.

Cases the service formally investigated rose 10% to 359. There was

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Jonathan Mitchell Mon, 29 Jul 2024
Contact the Writer: jmitchell@nbr.co.nz
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Financial complaints hit record levels
General Business,
105076
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