Compensation
FCA addresses market concerns over compensation hike
UK firms struggling to get PI insurance after limit raised to £350,000
UK compensation scheme declares 21 firms in default
Customers could now get back the money they have lost
Appeal cuts record damages award for Isle of Man whistleblower
But he will still walk away with almost £600,000
Aussie bank’s remediation costs hit A$1bn mark
It hopes to help put things right where it has treated customers poorly
British Steel workers get improved pay-outs
Financial Services Compensation Schemes issues update on Active Wealth clients