Pull the other one, Mr Regulator, a risk-based FSCS levy is too good to be true

Advisers need to respond to FCA

clock • 5 min read

In the regulator’s call for input paper published on Tuesday morning the FCA asked what can be done to ensure riskier firms pay more towards the Financial Services Compensation Scheme. After all this time, write PA editor Tom Ellis and news editor Hannah Godfrey, a bit of lip service won't content anyone...

On Tuesday morning (15 September) the Financial Conduct Authority (FCA) dropped its latest call for input request, this time on how to better the consumer investment market. The paper asks the questions you might expect: how can we make it easier for people to understand the risks of investment? How can people be better protected from scams? What more can be done to facilitate competition and encourage firms to develop innovative products? And so on and so forth...

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

Inside Quilter Academy: Building knowledge, confidence and professional resilience

Inside Quilter Academy: Building knowledge, confidence and professional resilience

The path to becoming a financial adviser: Part two

Chris Jones
clock 29 May 2025 • 3 min read
FCA begins major clean-up of firm permissions

FCA begins major clean-up of firm permissions

Move aims to streamline firm data and strengthen regulatory oversight

Sahar Nazir
clock 29 May 2025 • 2 min read
Pensions Investment Review publishes final report

Pensions Investment Review publishes final report

Move aims to double the number of £25bn+ megafunds, boost investment and improve returns for savers

Jonathan Stapleton
clock 29 May 2025 • 4 min read