FSCS to raise supplementary levies on financial services firms in 2018/19

Industry News | 31/01/19

The Financial Services Compensation Scheme (FSCS) published its Plan and Budget for 2019/20. The document outlines the Scheme’s expected management costs and latest forecast of potential claims volumes. It also outlines its initial forecasts for the levy financial services firms will pay next year, as well as supplementary levies it will raise on firms before the end of 2018/19.