Paragon Bank Plc
Financial Ombudsman decision DRN-6055919 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Fri Jul 31deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
In the Ombudsman’s words
Paragon’s communication about all of this when Mrs W raised her concerns about moving her savings to a Fixed Rate account as opposed to an ISA could and should have been better and clearly caused some confusion.Service failure
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-6055919.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.