FSCS funding again under the spotlight after supplementary levy announcement
Advisers to pay extra £8m towards scheme

Since May 2020, the FSCS has seen a rise in pension advice claims of 45% and a 5% increase in average compensation costs.
The Financial Services Compensation Scheme (FSCS) levy has introduced a £92m supplementary levy for the current financial year.
The scheme said the supplementary levy was a result of increased compensation payouts to customers and pension advice claims resulting from more firms failing. The scheme estimated it would require...
More on Regulation
What is the FCA's new DB advice assessment tool 'DBAAT'?
Check suitability of advice
FCA denies 12 advice firms authorisation following phoenixing suspicions
131 firms have authorisations revoked
Copia Wealth Management declared in default by FSCS with 149 complaints
Pension advice and SIPPs
Back to Top
More news
Pension Schemes Bill nears finish line with House of Lords approval
Royal assent soon
M&G extends property suspension as it waives fees on excess cash
Cash level raised to 21%
Adviser receives online abuse and death threats after launching anti-crypto petition
Fake reviews also posted
Openwork shakes up executive team
Creation of chief commercial officer role