FSCS cancels 2021/22 retail pool contribution but forecasts £900m levy for following year
The Financial Services Compensation Scheme has dropped its 2021/22 levy to £717m from a forecast £833m as it cancelled the predicted £116m contribution to the retail pool.
The revised £717m figure still represents an increase of £17m compared to 2020/21.
The retail pool is a separate pot that Financial Conduct Authority funding classes contribute to if they have not
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