Tim Sargisson: A look back in anger

Looking back on the various blogs and that I have penned in 2016, one topic has grabbed headlines throughout the year and that is the continuing iniquities inherent in the Financial Services Compensation Scheme (FSCS). The scale of the threat posed by the FSCS is laid bare by the eye-watering sums involved, where the scheme paid out £271m in the year to the end of March and received more than 46,000 new claims. It is the sharp rise in levies that has provoked the ire of the advice community and which poses the greatest threat, together with the fact that while the FSCS should be a las...