2010/11 Plan and Budget published
12th February 2010
Rising PPI and investment claims driving costs for remainder of 2009/10 and 2010/11
Rising payment protection insurance (PPI) and investment claims are key drivers of compensation costs for the rest of 2009/10 and into 2010/11, according to the Financial Services Compensation Scheme (FSCS).
The FSCS Plan and Budget provides its early assumptions about claims and associated funding needs for the coming financial year.