The regulator has proposed the Financial Services Compensation Scheme (FSCS) should run a shortened compensation levy year in 2018/2019 to prevent advisers overpaying for the lifeboat fund.
The changes are being made because the FSCS' compensation levy year currently runs from 1 July to 30 June, but the separate management expenses levy, which firms pay at the same time, is calculated in...
Ceremony will take place 13 November
300 organisations signed charter
Tough year for the sector
Targeting annual yield of 4%