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

Next gen group takes on young adviser shortage

Next gen group takes on young adviser shortage

Hollee Vivian launches initiative with adviser peers

Isabel Baxter
clock 15 September 2026 • 4 min read
News editor's view: The advice profession is getting bigger, but is it getting better?

News editor's view: The advice profession is getting bigger, but is it getting better?

The news editor's Friday Night Takeaway from 11 September

Isabel Baxter
clock 11 September 2026 • 3 min read
Feel Good Friday: Rosemount renews mental health partnership for advisers

Feel Good Friday: Rosemount renews mental health partnership for advisers

Supporting The Global Returns Project, Grief Encounter, FoodCycle and Verve Foundation

Professional Adviser
clock 11 September 2026 • 1 min read