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The Financial Services Compensation Scheme (FSCS) has today lowered its annual levy expectation for 2025/26 to £356m – this is £36m lower than its forecast in November. |
The FSCS attributes this decline to; the successful recovery of more than £56m from the estates of failed firms and relevant third parties; and decreased compensation relating to the Life Distribution & Investment Intermediation (LDII) class with fewer claims now expected. |
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