The industry lifeboat said it "continues to receive significant numbers" of post-DB transfer self-invested personal pension (SIPP) claims against financial advisers as the levy once again breaches the funding class limit.
The Financial Services Compensation Scheme's (FSCS) forecast levy for the life and pensions intermediary funding class is £87m for 2018/19. This exceeds the £75m class limit, which is 25% smaller than...
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