The Financial Conduct Authority plans to launch its mass compensation scheme in 2026
The Financial Conduct Authority plans to launch its mass compensation scheme in 2026
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The City regulator will outline how millions of people can claim compensation for mis-sold car finance.
Payouts are set to be worth £830 each on average
An estimated 14 million people are due payouts
City regulator unveils compensation scheme for motorists who bought cars via discretionary commission deals from 2007 to 2024
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Lenders on the hook for redress scheme as motorists in line to receive £950 each
