FSCS warns complex cases will push up costs

The Financial Services Compensation Scheme has warned that rising inflation and more complex cases are pushing up its costs.

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FSCS forecasts 20% levy cut for 2023/24

The Financial Services Compensation Scheme is forecasting a 20% cut to its levy requirement for 2023/24 thanks to high levels of surplus built up in the current financial year.

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FSCS recovers £16m from failed firms

In 2021/22 the Financial Services Compensation Scheme (FSCS) recovered just £16m from the estates of failed firms.

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FSCS cuts annual levy by a third

The Financial Services Compensation Scheme (FSCS) has cuts its levy for 2022/23 by £275m to £625m.

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