FSCS levy 'carping': Advisers must work together to tackle toxic firms

The response to my last article, looking at ´toxic advice´, was evenly split between those who thought I failed to appreciate the adviser's position and those who were sympathetic to my point of view.  Nevertheless, the Financial Services Compensation Scheme (FSCS) debate continues to rumble on which is why I have chosen to return to it again. Recent developments include Neil Liversidge's open letter to Mark Neale, chief executive of the FSCS which has also divided advisers, but in this case, mostly over its tone. Now Mr Neale has raised the stakes by stating that the FSCS will con...