FCA suggests FSCS management levy to drop 7.4%
The Financial Conduct Authority is consulting on the Financial Services Compensation Scheme's proposed management levy for the next financial year which would see an overall 7.4% reduction in expenses.
The management expenses levy limit has been proposed at £74.4m, including £69.1m for management expenses and a £5.3m contingency reserve.
The £69.1m levy is a 7.4% decrease on what was charged in the
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