Industry united in FSA fee opposition
The insurance industry has voiced its concern over the Financial Services Authority's "value for money" after the regulator announced increases to regulatory fees for the next 12 months.
The regulator has announced a 9.9% increase in its funding requirements for the forthcoming financial year, an increase from £413.8m in 2009/10 to £454.7m.
The FSA attributed the increase to its more
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