UK watchdog proposes 1.6% rise in adviser regulatory fees
But, due to coronavirus, 71% of firms that pay minimum levies will see no change
Levy
-
-
Advisers pester fund groups to cut fees
Despite only 9% having cut their own costs in recent years
-
UK lifeboat scheme levy model a ‘broken system’
As economic secretary to the Treasury passes the buck to the regulators for action
-
UK lifeboat scheme responds to criticism over extra levies
Financial advisers angry about paying thousands more with just 30 days’ notice
-
Sipp complaints drive up FSCS levy
Lifeboat scheme to raise £87m more in 2020/21
-
UK advisers on the hook as life boat scheme seeks extra £46m
Main area of claims is in relation to pensions, says Financial Services Compensation Scheme
-
Top UK firms to pay over 60% of compensation scheme levy
While majority of other companies will pay less than £50
-
IFAs to fork out less for UK compensation scheme
The adviser levy came in at £211m but £58m is funded by providers
-
Adviser fees and levies drop but life companies to pay more
UK regulator carves out £5m to pay for EU withdrawal
-
Claims management companies fall under UK watchdog
But won’t have to contribute to Financial Services Compensation Scheme (FSCS) levy
-
IFAs hit with £175m compensation scheme bill
Sipp complaints drive adviser levies up £45m, rise slammed as ‘unacceptable and not sustainable’
-
Big shake-up to UK compensation scheme funding proposed
Product providers could be on the hook for 25% of the Financial Services Compensation Scheme (FSCS) costs currently paid by intermediaries, according to a consultation document released Monday.