Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.
Investment advisers will see their section of the levy rise from an initial projection of £105m to £112m for the year. That total includes the cost of Catalyst claims after FSCS deferred a potential interim...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November