If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> News from the Financial Services Compensation Scheme<br /> outlook<br /> December 2016<br /> Compensating<br /> customers<br /> since 2001<br /> HALF YEAR<br /> UPDATE<br /> • Chief Executive’s<br /> statement<br /> • Funding indicators<br /> for six months to<br /> 30 September<br /> LATEST<br /> POSITION<br /> • Enterprise Insurance<br /> • SIPP-related claims<br /> ALSO IN<br /> THIS ISSUE<br /> • Management expenses<br /> • Recoveries<br /> CHIEF<br /> EXECUTIVE’S<br /> STATEMENT<br /> I am well aware that the volatility of<br /> FSCS’s levies presents a challenge for<br /> many of our levy payers, especially for<br /> small firms. There are also concerns about<br /> fairness: that low risk firms end up footing<br /> the compensation bill for those running<br /> bigger risks, or that the costs are paid by<br /> firms who carry out different types of<br /> activity. These are among the reasons that<br /> the Financial Conduct A<a title="HALF YEAR OUTLOOK_December2016_FINAL page 1" href="http://viewer.zmags.com/publication/bd60dd2e?page=1"> News from the Financial Services Compensation Sch</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 2" href="http://viewer.zmags.com/publication/bd60dd2e?page=2"> CHIEF EXECUTIVE’S STATEMENT I am well aware that </a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 3" href="http://viewer.zmags.com/publication/bd60dd2e?page=3"> “Claims against investment advisers have b</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 4" href="http://viewer.zmags.com/publication/bd60dd2e?page=4"> LEVY UPDATE Likelihood of supplementary levy </a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 5" href="http://viewer.zmags.com/publication/bd60dd2e?page=5"> Deposits Deposits (SA01) Original forecast 2016/1</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 6" href="http://viewer.zmags.com/publication/bd60dd2e?page=6"> Enterprise Insurance Company plc Enterprise was a</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 7" href="http://viewer.zmags.com/publication/bd60dd2e?page=7"> “The upward trend in claim volumes has con</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 8" href="http://viewer.zmags.com/publication/bd60dd2e?page=8"> Investment Intermediation Investment intermediati</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 9" href="http://viewer.zmags.com/publication/bd60dd2e?page=9"> FSCS MANAGEMENT EXPENSES Financial summary for</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 10" href="http://viewer.zmags.com/publication/bd60dd2e?page=10"> RECOVERIES PPI FSCS has made good progress in its</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 11" href="http://viewer.zmags.com/publication/bd60dd2e?page=11"> POLICY AND STAKEHOLDER UPDATE FCA review of FS</a> <a title="HALF YEAR OUTLOOK_December2016_FINAL page 12" href="http://viewer.zmags.com/publication/bd60dd2e?page=12"> RAISING AWARENESS OF FSCS We have achieved 77% a</a>