FSCS predicts increase in PPI compensation claims
The Financial Services Compensation Scheme has forecasted an increase in payment protection insurance compensation claims for the rest of the financial year and into 2010/11 - which could increase the levies on insurance firms.
The prediction comes as part of the FSCS plan and budget, which provides early assumptions about claims and funding needs for the next financial year.
Overall, the FSCS expects the volume of claims it
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