Tim Sargisson: How high can the FSCS levies go?

clock • 4 min read

Anybody who has read Charles Dickins' Oliver Twist should be familiar with the passage in the book regarding the experimental philosopher, who had a great theory about a horse being able to live without eating. The man demonstrated it so well that he got his on horse down to a straw a day in a bid to prove the animal could live on nothing at all. This he was primed to do, however the unfortunate animal died, just 24 hours before he was due to have had his first "comfortable bait of air" as Dickins put it. This, if you like, is the FSCS levy in reverse and I was reminded of this passag...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Education minister: Student loan repayment threshold freeze did not break the system

Education minister: Student loan repayment threshold freeze did not break the system

‘These are design choices we have inherited’

Sophia Panayi
clock 11 June 2026 • 3 min read
WIFA entry tips from the judges: Insight into what makes a standout entry

WIFA entry tips from the judges: Insight into what makes a standout entry

Gillian Hepburn and Sam Slator in the studio

Professional Adviser
clock 10 June 2026 • 1 min read
Small firms to file accounts with Companies House from 2028

Small firms to file accounts with Companies House from 2028

Must file profit and loss accounts but can opt out of publication

Sophia Panayi
clock 10 June 2026 • 2 min read