FSCS levy drops by £42m but SIPP claims rising

The Financial Services Compensation Scheme (FSCS) will impose a levy of £532m on firms this year, £16m more than it forecast in January but £42m lower than the equivalent figure last year.

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CISI's Financial Planners' fears over cost of Pensions Dashboard

The CISI’s Financial Planning and wealth management members have responded positively to Government plans to introduce a pensions dashboard, but are worried about the costs.

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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.

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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.

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