PIMFA survey highlights soaring FSCS fees and adviser distrust in scheme
Levies up more than 100% in five years
More than four-in-10 PIMFA member firms have seen their Financial Services Compensation Scheme (FSCS) levy rise by more than 100% in the last five years, according to a survey by the advice and investment trade association.
On top of that figure, the majority (82%) the 84 chief executives or business owners of PIMFA (Personal Investment Management & Financial Advice Association) member firms said FSCS costs accounted for...
More on Regulation
Kim Bendall launches outsourcing firm Go Paraplanning
Opened this month
Advisers who would recommend career in financial advice jumps by one fifth - research
Despite concerns over recruiting
Walker Crips acquires client book of adviser MA Heap
Walker Crips Wealth Management, part of Walker Crips Group, has acquired the client book of the financial adviser firm MA Heap.
Sudden fund closure takes majority investor adviser by surprise
Marlborough BDM did not know
CII sends apology to candidates for exam mishaps
Issues faced during lockdown
More news
FCA issues data request to 65 advisers over Rolls Royce DB pension scheme
Rolls-Royce to cut 9,000 jobs
Kim Bendall launches outsourcing firm Go Paraplanning
Opened this month
Advisers who would recommend career in financial advice jumps by one fifth - research
Despite concerns over recruiting
John David: MiFID II and the implications for ESG investing
'Disparity in readiness'
Walker Crips acquires client book of adviser MA Heap
Walker Crips Wealth Management, part of Walker Crips Group, has acquired the client book of the financial adviser firm MA Heap.
