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...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected