The Financial Services Compensation Scheme's current levy collection method makes it hard for advisers to plan and faces reform following the release of the Financial Advice Market Review (FAMR).
The report, released this morning, states the cost of the FSCS levy is not necessarily being borne by the right people. It recommended reviewing how the FSCS is funded and said risk-based levies should...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till