As of 2020/2021, the average amount of compensation claims issued to the Financial Services Compensation Scheme (FSCS) regarding investment provision in the United Kingdom (UK) was the highest among the instruments considered. Investment provision compensation amounted to a value of around 33,727 British pounds. Home finance intermediation followed with an average compensation amount of 23,237 British pounds. The third place ranking is completed by life distribution and investment intermediation, with an average compensation amount of almost 23,000 British pounds.
Average claim compensation value paid by financial services compensation scheme in the United Kingdom (UK) in 2020/2021, by instrument (in GBP)
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FSCS. (July 1, 2021). Average claim compensation value paid by financial services compensation scheme in the United Kingdom (UK) in 2020/2021, by instrument (in GBP) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/464238/financial-compensation-claim-average-payments-united-kingdom/
FSCS. "Average claim compensation value paid by financial services compensation scheme in the United Kingdom (UK) in 2020/2021, by instrument (in GBP)." Chart. July 1, 2021. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/464238/financial-compensation-claim-average-payments-united-kingdom/
FSCS. (2021). Average claim compensation value paid by financial services compensation scheme in the United Kingdom (UK) in 2020/2021, by instrument (in GBP). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/464238/financial-compensation-claim-average-payments-united-kingdom/
FSCS. "Average Claim Compensation Value Paid by Financial Services Compensation Scheme in The United Kingdom (Uk) in 2020/2021, by Instrument (in Gbp)." Statista, Statista Inc., 1 Jul 2021, https://www.statista.com/statistics/464238/financial-compensation-claim-average-payments-united-kingdom/
FSCS, Average claim compensation value paid by financial services compensation scheme in the United Kingdom (UK) in 2020/2021, by instrument (in GBP) Statista, https://www.statista.com/statistics/464238/financial-compensation-claim-average-payments-united-kingdom/ (last visited May 17, 2022)