FIN.
Supervision

FOS award limits increased

21/03/2022
Lucy Hadrill

FCA has confirmed the increase to the FOS award limits. From 1 April 2022, these will change to:

  • £375,000 for complaints referred to FOS on or after 1 April 2022 about acts or omissions by firms on or after 1 April 2019;
  • £170,000 for complaints referred to FOS on or after 1 April 2022 about acts or omissions by firms before 1 April 2019.

Lucy Hadrill

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