Advisers: FSCS levy roadmap 'workable' but regulator must listen

Advisers react to PIMFA’s latest FSCS levy intervention

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Keith Churchouse: "The situation with regards to the levy is not sustainable and urgent action needs to be taken."
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Keith Churchouse: "The situation with regards to the levy is not sustainable and urgent action needs to be taken."

While advisers have welcomed a new roadmap designed to tackle the Financial Services Compensation Scheme (FSCS) levy from trade body PIMFA, there are doubts about the impact it will have.

Earlier this week, PIMFA unveiled its roadmap for providing better consumer protection and lowering the FSCS levy. It wants HM Treasury to review the drivers of FSCS levy costs and to look into ways...

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