FSCS announces final levy: FSCS has announced its levy for 2015/16. It will be £319 million. The final amount is £32 million more than the amount forecast in FSCS’s Plan and Budget in January. The increase is primarily because of a rise in claims relating to self-invested personal pensions. FSCS will levy firms in the life and pensions intermediation sector £100 million in 2015/16 to fund the compensation costs for these claims. A full explanation of the 2015/16 annual levy can be found in the latest edition of "Outlook", FSCS’s industry newsletter. (Source: FSCS Announces Final Levy for 2015/16 at £319 Million)