Insurer FSCS levy to drop 37% while brokers see £8m increase in 2014/15
The proposed general insurance levy payable to the Financial Services Compensation Scheme in 2014/15 has dropped 37% from the year before, the organisation’s budget shows.
The 2013/14 annual levy for general insurers was £115m with the indicative 2014/15 levy set at £72m.
The indicative levy for brokers, which come under the category of general insurance intermediation
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