The Financial Services Compensation Scheme (FSCS) has published for consultation its plan and budget for 2014/15. Alongside the plan and budget, the FSCS has published its Vision for a Confident Future document which sets out its vision for the next five years. The plan and budget provides notes that the indicative 2014/15 annual levy amounts to £313m. This compares to the £315m expected levies raised in 2013/14, including the proposed interim levy, and results in a flat position year on year. The FSCS will review and confirm the annual levies in April 2014.
The deadline for comments on the plan and budget is 21 February 2014. The FSCS will review and confirm the annual levies in April 2014.
View Plan and budget 2014/15 Financial Services Compensation Scheme, 21 January 2014
View Vision for a confident future, 21 January 2014