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FSCS blames poor financial advice for soaring levy 

The Financial Services Compensation Scheme (FSCS) has blamed poor financial advice for driving up its soaring annual levy.

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FCA promises conditional cut to FSCS levy

The FCA has promised to reduce the FSCA levy from 2025 by 10% a year - but only if it can reduce the number of consumers being harmed by rogue financial services companies.

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Advisers unlikely to benefit from £206m FSCS levy cut 

The FSCS has cut its latest levy forecast by £206m from £1.04bn to £833m but the body has warned that the levy on advisers is unlikely to change.

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FOS to raise case fee by £100 to £750

The Financial Ombudsman is to increase its case fee by £100 to £750, according to its new budget and financial plans published today.

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