Why writing to MPs won't fix the FSCS levy - but writing to the Treasury Select Committee just might

Hicks is a Chartered financial planner by profession, but sold her Yorkshire advice firm in 2018 following repeated Financial Services Compensation Scheme (FSCS) and professional indemnity insurance rises. She now helps adviser firms grow through a mixture of consulting and assisting with mergers and acquisitions. 

Though Financial Planners United was only formed in August, it already boasts around 500 members. 

First on the group's agenda is tackling FSCS levy rises. Hicks and her co-founders have encouraged members to write to MPs, but more importantly members of the Treasury Select Committee. In today's podcast, Hicks explains why she believes advisers are more likely to be successful in creating change by targeting members of the Committee in particular, rather than writing letters to local MPs. 

Elsewhere, Hicks discusses why there is a need for the adviser action group and where she sees the group going in the future. 

To hear more of what Hicks has to say, please click the play button on the embed link below. 

You can listen to the podcast - and all our other episodes - through iTunes and Spotify by searching The Pro Adviser Podcast or Professional Adviser in their respective podcast libraries. You can also click the embedded play button above to listen. 

More podcasts:

'A couple waltzed around my office': Julie Lord on 34 years advising clients

'Young people need to find emotional attachment to money'

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