The method

How the FSCS levy is calculated: the FCA's method

Updated 2026-10-28

Two levies: the class levy on your tariff data, and a small base costs levy on your FCA fees.

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

Eligible annual income in the LDII class (CLII-1)

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

Your FCA minimum fee (fee-block A.0)

£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.

Your FCA periodic fee in fee-block A.13 (advisers, arrangers, dealers)

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

Your FCA prudential fee (fee-block AP.0)

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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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 class levy

FEES 6.5 shares a class's compensation costs by tariff base: your tariff data as a proportion of the class's total. The FCA's notes apply the same to specific costs.

Source: FCA Handbook FEES 6.5: compensation costs

The FCA's worked example

Eligible LDII income: £340,000.
Specific costs levy: 340,000 x 25,863,622 / 12,640,387,723 = £695.68.
Compensation costs levy: 340,000 x 49,045,469 / 12,640,381,723 = £1,319.22.
Base costs: £30.32 (A000), £16.33 (A.13), £1.75 (AP00).
Net FSCS levy: £2,063.30.

Source: FCA: FSCS levy calculation notes, 2026/27 rates

Your own figures

The FSCS levy calculator runs the same arithmetic on your income and fees.

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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.

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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