Final 2020/21 FSCS levy rises £16m for advisers
£14m rise overall
Caroline Rainbird: "Whilst it is too early to say how many LCF customers will be eligible for compensation, for the purpose of the levy we have estimated an amount of £44m."
The final Financial Services Compensation Scheme (FSCS) levy for 2020/21 has risen by £16m for advisers to £229m.
In a market update issued on Thursday morning (21 May), the lifeboat fund announced it would levy firms £649m in 2020/21, £14m more than was forecast in its plan and budget that was published mid-January...
More on Your profession
Tavistock pre-tax profits hit £1.1m; Acquires IFA Chater Allan
Year ended 31 March 2021
Chris Budd: How to help clients spend money on financial wellbeing
Experiences not stuff
Vince Smith-Hughes: A Sliding Doors case study
There are two sides to every story
Tavistock Wealth acquired by Titan Wealth in £40m deal
Targets £30bn AUM in five years
Back to Top
More news
Fidelity International CEO Anne Richards receives damehood
Muna Yassin of Fair Finance also honoured
Craig Muir: Seven pension switching opportunities advisers should consider
Opportunities and drivers
Tavistock pre-tax profits hit £1.1m; Acquires IFA Chater Allan
Year ended 31 March 2021
Chris Budd: How to help clients spend money on financial wellbeing
Experiences not stuff
Half of platforms have sophisticated client security protocols - NextWealth study
Authentication systems
