Levies for investment advisers will increase by almost 400% in the 2009/10 financial year due to an expected increase in mis-selling and property claims.
However, those firms active in the life and pensions advice business will see their levies fall by around 40% as mortgage endowment claims continue to fall. Overall levies for non-deposit taking financial...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress