FSCS
Regulation
A total of 678 signatures have been collected for a petition to the FSA and the Treasury calling for a review of the funding of the FSCS.
17 February 2011
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Regulation
Fraudsters claiming to be from the FSCS are cold-calling consumers to tell them they are in line for compensation.
14 February 2011
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PMI
The Association of Medical Insurance Intermediaries (AMII) has branded the proposed 57% increase in 2011's Financial Services Compensation Scheme (FSCS) levy as "unfair, excessive and totally inappropriate."
10 February 2011
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Your profession
The Investment Management Association (IMA) is considering bringing a judicial review of the FSCS interim levy on behalf of its members, in the same week IFAs have erupted in open revolt over the issue.
04 February 2011
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Your profession
The FSCS is launching an urgent four-year IT investment plan to address major weaknesses in areas like compensating depositors within 20 days.
02 February 2011
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Your profession
The total general FSCS levy for 2011/12 is likely to be £240m, with the investment intermediation sub-class footing the bill for £40m.
02 February 2011
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Investment
Fund manager Liontrust must stump up £415,000 for its contribution to the FSCS levy, a near 2000% increase on last year, as the industry continues to pay the cost of a series of investment firm failures.
02 February 2011
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Your profession
The FSA is proposing advice firms contribute 2% less to the regulator's funding next year, a cut of £53 per adviser.
01 February 2011
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Regulation
In an open letter to the FSA, FSCS and Parliament, IFA Informed Choice asks if it is fair to pay a levy equivalent to 1% of turnover for other firms' failures.
28 January 2011
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Your profession
IFG must pay £1.08m to the Financial Services Compensation Scheme (FSCS) for its share of the interim levy, with recent acquisition James Hay accounting for £0.94m of this total.
27 January 2011
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