FSCS publishes its Plan and Budget: 2012/13

2nd February 2012

Increasing volumes of PPI claims account for more than a quarter of total levy

The Financial Services Compensation Scheme (FSCS) today publishes its Plan and Budget: 2012/13. FSCS estimates the indicative levy on financial services firms for 2012/13 is likely to be £221m compared with levies raised in April 2011/12 of £217m.