Financial advice group IFG says it will meet forecasts for the year, describing its performance as satisfactory.

In a pre-close trading update yesterday, IFG said it expected to record earnings per share of between 18 and 20 cents on an adjusted basis.

The firm also said its companies had received invoices from Britain’s Financial Services Compensation Scheme, which is implementing an interim levy to help remedy the cost of major investment failures in certain firms.