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Number of decisions made by the financial services compensation scheme in the United Kingdom (UK) in 2020/2021 and 2021/2022, by financial instrument

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Source

Release date

July 2022

Region

United Kingdom

Survey time period

2020/2021 to 2021/2022

Supplementary notes

Decisions upheld data not provided for general insurance provision.

Citation formats

Total decisions by financial services compensation made in the UK 2020-2022

Published by Jenny Yang, Jul 5, 2022
The number of positive decisions regarding financial services compensation claims by the financial services compensation scheme in the United Kingdom (UK) increased in almost each financial sector considered from 2020/2021 to 2021/2022. The number of decisions made regarding deposits increased from as of 2020/2021 to approximately *** thousand in 2021/2022. On the other hand, the number of decisions made regarding life distribution and investment intermediation decreased from around ** thousand to **** thousand in 2021/22.
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Statistics on " Financial complaints and compensation in the United Kingdom "

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Other statistics that may interest you Financial complaints and compensation in the United Kingdom

Complaints against banking services and products

5

Customer complaints against financial services

8

Complaints and claims against insurance products

7

Complaints against home finance and investment products

8

Financial compensation of claimants

4

Complaints targeting specific banks

7

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