Top 0.2% of firms to pay 61% of next year's FSCS levy

Coin stacks

110 financial services firms – the top 0.2% – will pay 61% of the Financial Service Compensation Scheme’s levy in 2019/20, according to indicative numbers published by the compensation fund.

The numbers, which detail how the levy will be distributed across the 46,000 firms paying into the fund, also showed that 59% of firms will pay less than £50, and 4500 will not pay anything at all

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