An IFA is taking the FSA to task over the costs of regulation after calculating the percentage of his firm's hourly rate that goes to the FSA.
Sam Caunt, partner at Northampton-based IFA Kingston PTM, says at least £20 of his company’s average £150 per hour rate is due to FSA regulation and to plan for and cost in the RDR and capital adequacy...
'Right thing to do'
£69m spent on upgrades
European fintech market 'underserved'