Levy volatility is an "unavoidable consequence" of a pay-as-you-go funding scheme, FSCS chief executive Mark Neale has said after the lifeboat fund published its final figure for 2018/19.
Neale (pictured) was defending the jump in the final Financial Services Compensation Scheme (FSCS) 2018/19 levy, which on Tuesday was confirmed to have risen from its £336m January forecast to £407m. The...
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019