Ombudsman's decisions on amounts of compensation where tracker was restored

This case is very interesting. To me anyway. A lot of moving parts but a good example of how the failure of the bank in this case impacts everyday decisions. Perhaps not the 100% driver but it could have been the tipping point between selling that inv. property or not. Saving for kids education or not etc etc. Especially over 10 years.

However I was surprised at the size of the award. An extra 10k (20k in total). Hardly covers the real TVM in the case.

I'd love to hear people's thoughts on this?
 
I have not studied the extra compensation cases in detail.

But I was surprised that this one was the flagship for extra compensation.

It did not seem a lot for what he went through.

Brendan
 
Agreed.

Especially bearing in mind the time and work that goes into preparing for these things... It almost makes the High Court option attractive
 
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