Financial Services Compensation Scheme

Our latest industry update, Outlook, confirmed an unchanged 2024/25 levy forecast of £265m. No additional levy is expected from firms for the remainder of the financial year. It also provided an initial 2025/26 levy forecast of £394m. We expect to pay similar amounts of compensation to 2024/25; however, the levy is forecast to be higher as lower surpluses will be taken forward. For more information, read Outlook here: https://lnkd.in/e24EGKda

Pensions are an all-important topic so this #TBT we're looking back at our blog post with Mumsnet where our Communications & Stakeholder business partner Maria Goodall explored different types of #pensions, the importance of saving for the future and more. #ICYMI, take a few minutes to read the short but insightful piece here: https://lnkd.in/enikg4BD

Last week we published Outlook, our industry update, which confirms the latest levy forecast for 2024/25 and provides an early indication of the 2025/26 levy. For more information, watch our short video with our Interim Chief Executive Martyn, and read Outlook here: https://lnkd.in/e24EGKda

At FSCS we’re proud to support our employees’ development, and make a conscious effort to celebrate successes, both on an individual and organisational level. Our Facilities Manager Keith Blanchard and Facilities Officer Jason Edwards recently celebrated milestone accreditations in facilities; Keith received a Level 4 certification in IWFM and a NEBOSH Qualification and Jason received a Level 3 IWFM certification.   Congratulations to both colleagues for their hard work. 

Our latest Fortnightly Financial Five Minutes sees TheCityUK Managing Director of Public Affairs, Policy and Research John Godfrey discuss the ins and outs of the financial services industry, including the value FSCS brings, and more. Read the short interview as he shares his thoughts with our Communications & Stakeholder Business Partner Richard Freeston-Clough:  https://lnkd.in/emPGfzdh

Read more about our latest levy update from our Interim Chief Executive, Martyn Beauchamp: https://lnkd.in/e3XytEJu

In our latest Outlook levy update, we confirm an unchanged 2024/25 levy forecast of £265m. We also provide a first look at our levy forecast for 2025/26, which is £394m. For more information, read Outlook here: https://lnkd.in/e24EGKda

This #WorldKindnessDay, we’re casting a fond eye back on a recent volunteering opportunity, where FSCS colleagues showed kindness to the planet 🌍 Staff across the organisation visited Horsenden Farm, where they planted trees, contributing to our ongoing goal of offsetting our carbon emissions. Here’s what some of our volunteers had to say about their experiences: “It's important to give back to Mother Nature what she has given to us. Planting trees is a simple act with so many benefits. It was great working with the team and being outdoors.” – Sabrina Mandil, SCV Data Assurance Analyst “Volunteering for tree planting is something I’ve done for the last couple of years it’s always a fun experience, more importantly it’s an opportunity to give something back, not just to the environment but to the community also.” - Kevin Copas, FSCS People Experience Partner A huge well done to all involved and special thanks to Sabrina for capturing the day’s highlights 📹

Ever feel like you don’t know exactly who we are and what we do? 🙋 Our latest #podcast is for you – listen now to hear Jess Spiers and Jordan McMeeken bust 6 common myths about FSCS. Link in comments below.

#DYK it’s completely free to claim #compensation with us when you come direct? 🤔 Learn more about this and the other common mistakes people make about FSCS in our latest #podcast with Jess Spiers and Jordan McMeeken 🎙️ You’ll find the link in the comments section below.