MPs take FSCS funding fight to Hoban's door

Jonathan Evans, MP for Cardiff North and chair of the All Party Parliamentary Group (APPG) on insurance and financial services, branded the current funding system an "injustice". He told IFAonline he will call on Hoban to give evidence to the committee on why the process has stalled, and put pressure on him to speed it up. "The next step is to bring in Hoban. The FSA has said they can be influenced by the Treasury so that's what we'll do." His pledge followed an APPG meeting last night in which FSA director of conduct policy Sheila Nicoll all but ruled out a change in how the FSCS ...