2010/11 Plan and Budget published

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.

Plan and Budget 2010/11Press Release

Full Plan and Budget 2010/11

By Thomas Chen
12 February 2010