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...

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