The Financial Conduct Authority (FCA) has proposed to raise the levy it collects from advisers by 4.7% to £77.1m for the coming year.
In a consultation out on 18 April the regulator proposed to collect £3.4m more from advisory firms to cover its running cost than last year when it raised £73.7m. However, it estimated there would be...
Fifth this year
Four published FOS decisions
£624,311 of assets frozen
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
Why writing to MPs won't fix the FSCS levy - but writing to the Treasury Select Committee just might
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