Personal Finance Society (PFS) chief executive Keith Richards has expressed his disappointment the Financial Conduct Authority (FCA) has ruled out the introduction of a product-based levy in its consultation paper on the Financial Services Compensation Scheme (FSCS).
"It is pleasing the FCA has broadened its review of FSCS funding in response to feedback from the sector," Richards (pictured) said. "While it is disappointing the FCA has effectively ruled out the possibility...
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