The Financial Services Compensation Scheme (FSCS) has announced that it no longer expects to raise an interim levy on investment intermediaries for 2013/14.

In addition, the FSCS has updated its assumptions about which claims it will process in this financial year, and the next. The FSCS expects to start processing claims against Catalyst Investment Group Limited slightly later than previously thought, with most of these costs to fall into 2014/15.

View Review of claims show costs will be lower in current year, 27 February 2014