January to June 2015
In the UK, the Financial Conduct Authority (FCA) requires financial services firms to report on the number of UK FCA reportable customer complaints they receive on a half yearly basis. This includes capturing expressions of dissatisfaction and aiming to resolve complaints within eight weeks. If complaints remain unresolved after eight weeks or if a customer is dissatisfied with our final response, they have the option to refer their complaint to the Financial Ombudsman Service (FOS). The FOS also publishes a half yearly report on financial services complaints they receive.
This site provides an overview of Barclays FCA reportable complaints data since 2010 and highlights how we are driving down complaints by improving the overall customer experience. We are committed to delivering a sustained reduction in complaints and while we are heading in the right direction, we recognise we still have a way to go.
Our complaints data is published individually for each UK legal entity and in a Barclays Group summary, with segmentation across the five FCA product categories. Barclays Bank PLC accounts for the majority of all Barclays UK FCA reportable complaints (98%). Barclays complaints should be viewed within the context that we undertook on average over 8.7 million transactions per day during H1 2015, one of the highest volumes of transactions in the UK banking industry.
For the first half of 2015 (H1)
The new figures give the following picture for the first half of 2015:
- PPI* (General Insurance complaints) continue to fall, with a 16 per cent reduction half on half (H1 2015, 134,594, H2 2014, 159,527).
- Banking complaints have increased 28 per cent half on half (H1 2015, 143,663, H2 2014, 112,470). This rise in banking complaints is not driven by the day to day experience of customers but relates to historic issues, including an increase in complaints relating to packaged bank accounts, in line with the statements in our half year results.
- There has been a modest rise in the total number complaints, with volumes increasing two per cent in the first half of 2015 (H1 2015, 288,671, H2 2014, 281,668). However, overall volumes continue to remain significantly lower than in previous years (H1 2012, 454,675, H1 2013, 381,740).
* The General Insurance and Pure Protection category, of which the overwhelming majority are PPI complaints.
Detailed below is Barclays FCA reportable complaints data.
Barclays Group summary
Period covered in this report: 1 January - 30 June 2015
Legal Entities covered: Barclays Bank Plc, Clydesdale Financial Services Limited, Firstplus Financial Group PLC and Woolwich Plan Managers Limited.
|
Number of complaints opened |
Number of complaints closed |
Complaints closed within eight weeks (%) |
Complaints upheld by firm (%) |
|
|---|---|---|---|---|
|
Banking |
143,663 |
117,009 |
71% |
61% |
|
Home finance |
5,795 |
5,701 |
85% |
67% |
|
General insurance and pure protection |
134,594 |
129,303 |
93% |
81% |
|
Decumulation, life and pensions |
757 |
639 |
69% |
37% |
|
Investments |
3,862 |
3,727 |
87% |
39% |
|
Total |
288,671 |
256,379 |
83% |
71% |
Barclays Bank Plc
Firm name: Barclays Bank Plc
Group: Barclays Group
Other firms included in this report (if any): Barclays Insurance Services Company Ltd and Solution Personal Finance Ltd
Brands/trading names covered: Barclays Bank Plc,Barclaycard, Barclays Wealth, Barclays Business Bank, Barclays Corporate Bank, Solution Personal Finance Ltd, Barclays Stockbrokers Limited and Barclays Sharedealing.
|
Number of complaints opened |
Number of complaints closed |
Complaints closed within eight weeks (%) |
Complaints upheld by firm (%) |
|
|---|---|---|---|---|
|
Banking |
140,574 |
114,131 |
71% |
62% |
|
Home finance |
5,774 |
5,678 |
85% |
67% |
|
General insurance and pure protection |
133,371 |
128,002 |
93% |
81% |
|
Decumulation, life and pensions |
743 |
627 |
69% |
36% |
|
Investments |
2,759 |
2,710 |
83% |
41% |
|
Total |
283,221 |
251,148 |
83% |
72% |
Clydesdale Financial Services Limited
Firm name: Clydesdale Financial Services Limited
Group: Barclays Group
Other firms included in this report (if any): n/a
Brands/trading names covered: Clydesdale Financial Services Limited, Barclays Partner Finance.
|
Number of complaints opened |
Number of complaints closed |
Complaints closed within eight weeks (%) |
Complaints upheld by firm (%) |
|
|---|---|---|---|---|
|
Banking |
2,685 |
2,461 |
94% |
30% |
|
Home finance |
0 |
0 |
0% |
0% |
|
General insurance and pure protection |
52 |
49 |
98% |
73% |
|
Decumulation, life and pensions |
0 |
0 |
0% |
0% |
|
Investments |
0 |
0 |
0% |
0% |
|
Total |
2,737 |
2,510 |
94% |
31% |
Firstplus Financial Group Plc
Firm name: Firstplus Financial Group Plc
Group: Barclays Group
Other firms included in this report (if any): n/a
Brands/trading names covered: Firstplus Financial Group Plc.
|
Number of complaints opened |
Number of complaints closed |
Complaints closed within eight weeks (%) |
Complaints upheld by firm (%) |
|
|---|---|---|---|---|
|
Banking |
404 |
417 |
96% |
49% |
|
Home finance |
21 |
23 |
87% |
26% |
|
General insurance and pure protection |
1,171 |
1,252 |
90% |
91% |
|
Decumulation, life and pensions |
0 |
0 |
0% |
0% |
|
Investments |
0 |
0 |
0% |
0% |
|
Total |
1,596 |
1,692 |
91% |
80% |
Woolwich Plan Managers Limited
Firm name: Woolwich Plan Managers Limited
Group: Barclays Group
Other firms included in this report (if any): Barclays Wealth Funds Limited
Brands/trading names covered: Woolwich Plan Managers Limited, Barclays Wealth Funds Limited.
|
Number of complaints opened |
Number of complaints closed |
Complaints closed within eight weeks (%) |
Complaints upheld by firm (%) |
|
|---|---|---|---|---|
|
Banking |
0 |
0 |
0% |
0% |
|
Home finance |
0 |
0 |
0% |
0% |
|
General insurance and pure protection |
0 |
0 |
0% |
0% |
|
Decumulation, life and pensions |
14 |
12 |
83% |
67% |
|
Investments |
1,103 |
1,017 |
98% |
32% |
|
Total |
1,117 |
1,029 |
97% |
33% |
Additional context
Barclays Group has over 40 million Banking category related accounts, including current accounts, credit cards, personal loans and savings accounts. This means we reported 3.50 Banking complaints per 1,000 accounts;
For every Home Finance (mortgage) account, we reported 6.05 complaints for every 1,000 loans outstanding;
In total, we reported 44.08 complaints per 1,000 accounts related to General Insurance and Pure Protection, with the majority of complaints in this category related to Payment Protection Insurance (PPI). Excluding this product, we reported 1.10 complaints per 1,000 accounts.