Financial Ombudsman ServiceMar 14 2024

Fos increases compensation limit to £430k

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Fos increases compensation limit to £430k
The limit is adjusted each year in line with inflation, as measured by the Consumer Prices Index, which remained at 4 per cent in the most recent inflation update in January (Photo: Miles Willis/Bloomberg)
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The Financial Ombudsman Service has increased its maximum award limit from £415,000 to £430,000.

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