Lloyd's to pay additional FSCS levy

Lloyd's will make additional contributions to the retail
pool of the UK Financial Services Compensation Scheme (FSCS)
following a consultation by the Financial Conduct Authority
(FCA).
As an authorised product provider, Lloyd's currently only
contributes to the costs of failed intermediaries from levies that
they pay for their own intermediation activities, and also to any
costs incurred if the retail pool is triggered.
However, consultation documents published by the FCA yesterday
showed there