Compensation & Claim Process Knowledge Centre

How much compensation you can recover depends on the route (FSCS, FOS or court), the date of the advice, and the loss calculation methodology set by the FCA and FOS. This centre covers every commercial and procedural rule that decides the size of your award.

Quick Answer: The FSCS pays up to £85,000 per eligible mis-selling claim. The Financial Ombudsman awards up to £455,000 for advice given on or after 1 April 2019 (£205,000 before that date). Solicitor No Win No Fee success fees are capped at 25% of damages under CFA rules; regulated CMCs are capped by FCA fee-cap tiers. Source: FSCS COMP 10; FOS Annual Report; FCA CMCOB 5.

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