Public complaints information
Public Complaints Data
Fidelity International is one of the UK's largest investment management groups. Through Financial Administration Services Limited (FASL) - a Fidelity company - we administer investments on behalf of 1,129,581* UK Customer Accounts and keeping them happy is our highest priority.
The table below shows how we handled feedback between 1st July and 31st December 2023, from customers who may have felt disadvantaged or inconvenienced when dealing with us.
Please take the scale of our business and our open approach into account when considering these statistics or making comparisons.
| H2 2023 | Opened | Opened per 1,000 Customer Accounts | Closed | Closed within 3 days | Closed > 3 days but within 8 weeks | Upheld | Main cause of Complaints |
|---|---|---|---|---|---|---|---|
| Investments | 2,371 | 2.43 | 2,177 | 17% | 76% | 42% | Other general admin / customer service |
| Decumulation, Life & Pensions | 715 | 4.67 | 612 | 15% | 71% | 52% | Other general admin / customer service |
Please note that opened and closed figures are unlikely to be the same. A complaint can be opened in one six-month period and closed in a following period.
FASL is Fidelity's ISA manager, and the administrator of Fidelity Adviser Solutions. The company makes it possible for customers to invest with other Fund Managers in a single consolidated account. It also allows customers to hold funds, including Fidelity's own, within an ISA. It is the distributor of Fidelity's funds, and those of our fund partners, it is not a fund manager.
FASL deals with customers through several distribution channels, and markets funds directly to investors, as well as through intermediaries such as Independent Financial Advisers. It trades under the brand names Fidelity Personal Investing, Fidelity Adviser Solutions and Fidelity International.
* Based on 976,328 UK Investment Accounts and 153,253 UK Pension Accounts, as of 31st December 2023.
Making a complaint
We pride ourselves on both our service and our products, so we take any complaints very seriously and will always do our utmost to resolve any issues as quickly as we can. You can find out more about the process below.
Mutual Respect
We aim to provide the best possible service at all times however; we recognise that there may be occasions when we fall short of your expectations. We understand it can be frustrating if something has gone wrong, there has been delay or when we are simply not able to offer the solution you require. We will always do our best to resolve these situations as quickly as possible.
We actively monitor calls for quality purposes to ensure our staff are courteous, helpful and respectful in their interactions with our customers.
Equally we ask our customers to be respectful of them. We will not accept:
- Aggressive or threatening behaviour
- Personal verbal abuse
- Derogatory remarks
- Inflammatory statements or offensive language
- Remarks of a racial or discriminatory nature
While rare, treating our staff in this way is not acceptable and we will take active steps to prevent future occurrences, including where necessary, placing restrictions on the service we are able to offer. These restrictions can range from ceasing the call, permanent removal of the phone service or insisting the customer takes their business elsewhere/closes their account, and will be dependent on the severity of the issue.
