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levy

Investment

Levies could rise as PPF faces spiralling deficit

The Pension Protection Fund (PPF) may increase its levy to deal with a growing deficit, reports suggest.

clock 02 February 2009 •

Your profession

FSA implements fee changes

The FSA has published final details of its fees, as well as confirming levies for the Financial Ombudsman Service (FOS) for 2008/09.

clock 02 June 2008 •

Mortgages

FSCS declares mortgage broker in default

The Financial Services Compensation Scheme (FSCS) has declared a mortgage adviser to be in default and has begun paying claims against it.

clock 20 May 2008 •

Your profession

FSCS expects mortgage hit but industry levy drops £2.4m

The Financial Services Compensation Scheme (FSCS) has cut its levy from the financial services industry by £2.4m from its initial 2008/09 budget.

clock 10 April 2008 •

Your profession

Advisers face fee hike as FSA clamps down

Financial advisers could have their FSA fees temporarily increased to pay for increased supervision by the regulator.

clock 14 November 2007 •

Your profession

'Axe stamp duty' calls gather pace

A report examining the impact of stamp duty and painting a picture of an economy without it has prompted more calls for its abolition.

clock 02 May 2007 •

Your profession

FSA extends 'pay-in-instalments' scheme

The FSA has extended its pay-in-instalments scheme for firms for 2007/8.

clock 24 April 2007 •

Your profession

FSA gives green light to more 'free' cases

The regulator is considering whether to increase the number of free cases firms are entitled to at the Ombudsman and increase the importance of the case fee, rather than the levy, in its funding.

clock 11 April 2007 •

Your profession

Mortgage brokers spared FSCS 07/08 levy

Mortgage brokers will not be charged a levy by the Financial Services Compensation Scheme in 2007/08, although IFAs not holding client money are still liable for a charge of £42m.

clock 04 April 2007 •

Your profession

Aifa hails FSCS funding proposals

The Association of IFAs says the FSA's bid to overhaul the funding process for the Financial Services Compensation Scheme would be "the best outcome" for most advisers.

clock 20 March 2007 •
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