30 April 2019
•
Image:
“Promotion and prevention are the counterparts of our continuing and undiminished commitment to be prepared for failures when they occur" - the FSCS's Mark Neale
The FSCS is to levy firms £532m this year - £16m more than it forecast in its 2019/20 Plan and Budget in January - although the levy required for life, pensions and investment advice has reduced by £29m to £211m.
Announcing its final levy for 2019/20, the Financial Services Compensation Scheme (FSCS) said the main reasons for the increase between the figure forecast in January and the final one were an uplift in...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
