FSCS to raise £130m levy on general insurers
The Financial Services Compensation Scheme said today it plans to raise £130m from general insurance firms to pay compensation for general insurance claims such as those relating to Independent Insurance and Chester Street.
The FSCS will also look to raise £33.2m from investment firms relating to non-pensions review investments, such as endowments; and £55m for anticipated pensions review compensation costs affectingOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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