FSCS pledges greater cooperation with industry

In its five-year business strategy Vision for a Confident Future, the FSCS said it planned to be more open, accountable and transparent to levy-payers. It pledged to facilitate easy access to its performance indicators and other information that would allow firms to review its performance. Firms will also receive more advance information about the potential impacts of business failures and get better signalling from the FSCS about future levies. The scheme this week set out its plan and budget for 2014-2015. Investment advisers are expected to contribute some £105m of the £313m the...