Levy  

FSCS: We weren't part of FCA's levy forecast calculation

“Stabilising the level of compensation that we are paying to consumers by 2025 will be challenging, as we regularly pay compensation for advice given five or more years ago.

"It will require stakeholders across the industry to work together to tackle the root cause of the problem, including the range of measures set out in the FCA’s strategy.”

sonia.rach@ft.com

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