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FCA confirms the increase to FOS award limits
Summary by Financial Services: Regulation Tomorrow
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FCA confirms the increase to FOS award limits
On 1 April 2026, the Financial Ombudsman Service (FOS) issued a press release stating that the Financial Conduct Authority (FCA) had confirmed increases to the award limits.The FOS award limit is the maximum amount the FOS can require a financial business to pay when it upholds a complaint. This limit is adjusted each year in line with inflation, as measured by the Consumer Prices Index.The FCA has confirmed that, from 1 April 2026, FOS award li…
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