Levy
Advisers worried higher levies will hurt clients
And impact their profitability as current climate is seen as unsustainable
Would an exit levy help keep costs down for advisers?
It would mean financial institutions leaving the sector still contribute
Disbelief as UK lifeboat scheme levy forecast to hit £1bn
As regulators also eye increase to FSCS management budget
UK lifeboat scheme seeks additional £92m
Supplementary levy needed as life and investment intermediary claims surge
FCA can’t give ‘specific comfort’ of when FSCS levies will fall
As newly appointed CEO says second lockdown may be the ‘tipping point’ for small firms