FSCS levy remains at forecasted £625M

Industry News | 06/12/22

The Financial Services Compensation Scheme (FSCS) confirmed last week that their forecasted levy for the 2022/23 financial year remains as previously forecasted, at £625million. No additional levy is expected for the remainder of the current financial year. They also indicate that the 2023/24 levy is expected to be lower at £478million, due to expected surpluses being carried forward.

Source: FSCS