Treasury Taskforce to address FSCS levy concerns and work with FCA

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Sophie King
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The Taskforce said the industry will work with the regulatory to address concerns surrounding the FSCS levy, which has caused frustration amongst financial service professionals due to its price consistently increasing.
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The Taskforce said the industry will work with the regulatory to address concerns surrounding the FSCS levy, which has caused frustration amongst financial service professionals due to its price consistently increasing.

The Treasury’s Asset Management Taskforce has said the financial services sector will work with the Financial Conduct Authority (FCA) to address Financial Services Compensation Scheme (FSCS) levy issues.

The meeting, held on Wednesday (20 January), was attended by the City Minister John Glen MP, FCA personnel and 10 industry representatives. Members of the taskforce include Investment Associatio...

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