Adviser lobbies MP over 400% regulatory fee hike

‘How can a small business sustain this financial abuse?'

Laura Miller
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A financial adviser is lobbying his Member of Parliament to pressure the Financial Conduct Authority (FCA) to cut adviser fees, calling them "financial abuse".

Paolo Standerwick, of Sutton-based firm MLP, said his regulatory fees had jumped by 400% in a year. His biggest fee cost was related to the Financial Services Compensation Scheme (FSCS). Standerwick...

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