FSCS to raise £92mn supplementary levy on market failures

UK insurers and intermediaries have been hit by increased fees from Britain’s financial lifeboat scheme, which has been forced to raise a £92mn ($123mn) supplementary levy following an increase in high-profile business failures driven by Covid-19.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com