FSCS reveals £69m deficit will lead to levy
- Wednesday, 28 November 2018
- Articles
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.
Read more...FSCS levy to rise £16m to £336m
- Friday, 19 January 2018
- Articles
The FSCS is planning to levy the industry £336m for the nine months to 31 March 2019, up from the £320m levy in 2017/18, which covered a 12 month period.
Read more...FSCS to seek further £23.9m levy from advisers
- Thursday, 04 January 2018
- Articles
The Financial Services Compensation Scheme (FSCS) is to ask financial advisers and providers to chip in an extra levy of £23.9m levy to help it cope with SIPP claims above predictions.
Read more...FSCS boss warns advisers they face extra levy over Sipp claims
- Thursday, 01 December 2016
- Articles
Advisers have been warned this morning they face an extra FSCS levy next year as a result of rapidly growing claims related to Sipps.
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