FSCS’s Half Year Review 2012 contains an estimate of the interim levy FSCS will need to raise to meet compensation costs. This will affect the general insurance, and the insurance and the investment intermediation sub-classes. BIBA, the British Insurance Brokers’ Association, has responded to the projections saying it is unfair that the firms it represents should suffer a rise in the levy when they were not involved in PPI mis-selling. (Source: FSCS Outlook – Half Year Review 2012 and BIBA statement)