FSCSLevyCalculator

The year's figures

FSCS levy 2026/27: £247m, and what it means for a small firm

Updated

The FSCS's spring forecast put the 2026/27 levy payable by firms at £247m.

Talk to a specialist Your eligible income and your FCA fees. The class totals come from the FCA's own calculation notes.

The tariff data you report for Life Distribution and Investment Intermediation. Default: the FCA's own worked example, £340,000.

£2,200 for 2026/27 in FCA PS26/14 and the FCA's worked example. It is the A000 regulatory cost the base costs levy is shared on.

From your FCA invoice or the FCA fee calculator. Default: £1,294.56, the FCA's example for £580,000 of A.13 income.

Default: £130.67, the FCA's worked example. Enter 0 if you pay none.

Your FSCS levy for 2026/27

£2,063

LDII specific costs levy£696
LDII compensation costs levy£1,319
LDII class levy£2,015
Base costs levy on the minimum fee (A000)£30
Base costs levy on fee-block A.13£16
Base costs levy on the prudential fee (AP00)£2
LDII class levy per £1,000 of eligible income£6

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  • Read and answered by Joe himself, never passed to a firm or a list
  • No tax, legal or regulatory advice: a call to frame your options
How this calculator works
  • The class figures. The FCA's FSCS levy calculation notes for 2026/27 give the LDII (CLII-1) class's specific costs of £25,863,622 and compensation costs of £49,045,469 over a total tariff base of £12,640,387,723 (printed as £12,640,381,723 in the compensation line; the calculator uses each as printed). With the FCA's own example inputs it returns the FCA's own answer: a net FSCS levy of £2,063.30. (FCA: FSCS levy calculation notes, 2026/27 rates)
  • The base costs levy. The base costs are shared in proportion to your FCA regulatory costs: £452,840 over £32,859,348 of A000 minimum fees, £1,388,453 over £110,081,523 of A.13 fees, and £352,626 over £26,305,512 of AP00 fees, as the same notes set out. (FCA: FSCS levy calculation notes, 2026/27 rates)
  • How a share is worked out. FEES 6.5: a firm's share of a class's compensation costs is its tariff base as a proportion of the class's total tariff base. (FCA Handbook FEES 6.5: compensation costs)
  • One class only. The calculator covers the Life Distribution and Investment Intermediation class, the class most advice firms pay into. A firm in General Insurance Distribution, Home Finance Intermediation, Investment Provision or another class has its own figures, which the calculator does not apply. (FSCS: levy information and the retail pool)
  • Before discounts and deductions. The figure is the FSCS levy on the FCA's method before any minimum-fee arrangements, invoicing adjustments or a later interim levy. Your FCA invoice is the figure you pay.

The total

The FSCS: "The total levy payable by firms for the 2026/27 financial year is £247m."

Source: FSCS: spring forecast sets the 2026/27 levy at £247m

The class limits

ClassAnnual levy limitSource
Life Distribution and Investment Intermediation£330m (incl. £90m provider contributions) FSCS: levy information and the retail pool
General Insurance Distribution£410m (incl. £100m) FSCS: levy information and the retail pool
Home Finance Intermediation£55m (incl. £15m) FSCS: levy information and the retail pool
Investment Provision£200m FSCS: levy information and the retail pool
Deposits (PRA)£1,500m FSCS: levy information and the retail pool

Running the scheme

The FCA and the PRA set the 2026/27 management expenses levy limit at £112,972,954: a £108m budget and a £5m unlevied reserve.

Source: FCA PS26/4: FSCS management expenses levy limit 2026/27

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  • Free, and no obligation
  • Read and answered by Joe himself, never passed to a firm or a list
  • No tax, legal or regulatory advice: a call to frame your options

Sources

This site's own datasets, every figure quoted from its source and dated:

  • The FSCS Levy Rates carries 9 published figures read from 4 sources' own pages, from 5,000,000 to 1,500,000,000 GBP, read 28 October 2026.
  • The median published figure in the FSCS Levy Series is 99,000,000 GBP across 3 sources' own pages (range 87,000,000 to 315,000,000 GBP), read 28 October 2026.
  1. FCA: FSCS levy calculation notes, 2026/27 rates
  2. FSCS: levy information and the retail pool
  3. FSCS: spring forecast sets the 2026/27 levy at £247m
  4. FCA PS26/4: FSCS management expenses levy limit 2026/27
  5. PRA PS8/26: FSCS management expenses levy limit 2026/27
  6. FCA Handbook FEES 6.5: compensation costs
  7. FCA Handbook FEES 6.1: application and the two levies
  8. FCA Handbook FEES 6 Annex 2: annual class levy limits
  9. FCA PS26/14: regulated fees and levies 2026/27

Work out your FSCS levy in a minute

Your eligible income and your FCA fees. The class totals come from the FCA's own calculation notes.

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