PIMFA calls for ‘urgent’ FSCS review over new £69m levy

PIMFA, which represents around 1,000 UK wealth managers and financial advisers, has called for an “urgent review” of the FSCS following yesterday’s announcement of an interim levy.


FSCS reveals £69m deficit will lead to levy

An extra £69m Financial Services Compensation Scheme (FSCS) bill will have to be footed by the retail pool as a result of pension transfer-related claims.


FSCS reveals strategy to cut compensation costs

The Financial Services Compensation Scheme (FSCS) has revealed its strategy to slash compensation costs over the next five years.


Mark Neale to step down as FSCS CEO

Mark Neale, chief executive of the Financial Services Compensation Scheme (FSCS), will step down on 3 May 2019 after nine years in the role.

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