The Financial Services Compensation Scheme (FSCS) has revised its levy forecast to £625 million for the 2022/23 year.
This is a significant decrease on the £900 million which the FSCS announced in its first levy forecast for the year in November 2021.
FSCS has now revised its levy forecast for 2022/23 to £625 million.
Although the levy itself has reduced, the FSCS expects to pay its customers more compensation in 2022/23 than it did in the previous year,...
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