Broker and insurer FSCS levies still up despite forecasts being slashed
The Financial Services Compensation Scheme has issued final levies for 2021/22 of £73.8m for brokers and £189.8m for insurers, down significantly on initial estimates but still up on this year’s bills.
The FSCS had indicated in January that the general insurance distribution pot containing brokers would have to pay £146.8m while the GI provision class would pick up a bill for £278.3m.
The halving
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