The Financial Services Compensation Scheme (FSCS) has forecast an additional levy of £69m due to rising SIPP and defined benefit (DB) transfer claims.
In its November outlook, published on Wednesday (November 28), FSCS chief executive Mark Neale revealed the lifeboat fund expected to be in a deficit of close to £70m by the end of the year as a result...
Odds widened to 2/1
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