TISA urges FCA to rethink targeted support fees and levies proposals

In TISA's response to the regulator's Regulatory Fees and Levies: policy proposals for 2026/27 (CP25/33), it shared concerns that premature fee and levies implementation may ultimately undermine the aims of targeted support. Without a clear understanding of projected costs or liabilities, TISA warned that the FCA's proposals could disincentivise firms from providing targeted support, having unintended consequences for the rollout of the proposals. TISA also highlighted concerns about the FCA's proposals to base fees on eligible income, which would be difficult to implement. Targete...