The Financial Services Compensation Scheme (FSCS) is levying firms in the fund management and investment intermediation sectors a total of £31m.
This is the total amount payable by these sectors after taking into account recoveries and a surplus of levied funds, the FSCS said.
The FSCS is sending levy invoices to firms after finishing the "truing-up" process for the 2010/11 interim levy, following rebates on the 2010/11 levy which FSCS agreed for firms which submitted mistaken tariff data.
Levies will be raised on restated data, where accepted by the FSCS. Firms will receive a full statement of account for the 2010/11 levy year, showing the original levies raised, any rebates or credit notes and the revised levy.
Any future recoveries relating to 2010/11 will be accounted for as a separate exercise.
The issue arose because some investment firms wished to revise figures for their annual eligible income in their tariff data submissions. The Financial Services Authority (FSA) uses these to calculate FSCS levies.
Thousands of firms will not receive a bill after FSCS decided not to levy any firms owing less than £50, as the costs of doing so would be disproportionate.
This will save the cost of raising 4,340 invoices and means only £30,000 of the levy will not be collected, the FSCS said.
In total, 394 investment intermediation firms and 566 investment management firms will receive a levy invoice.
Not quite half of the 960 firms to receive an invoice will be billed between £50 and £1,000. A further 285 will get invoices ranging from £1,000 to £10,000.
However, four investment fund managers will receive invoices for more than a million pounds while 78 will receive invoices of more than £100,000.
FSCS chief executive Mark Neale said: "This levy will close the tariff data resubmission and the 2010/11 interim levy truing-up exercise.
"This has been a highly complex issue and involved reviewing scores of requests from firms to resubmit their correct tariff data. We are pleased the issue is now closed and thank firms for their patience while we completed the process."
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