IIB calls for evaluation of product-based FSCS levy
The Institute of Insurance Brokers has called upon the Financial Services Authority to include a product-based Financial Services Compensation scheme levy in its forthcoming consultation paper.
In a letter to the FSA, director-general Andrew Paddick claims that for brokers and IFAs the FSCS is “a totally illogical and punitive financial imposition, because they cannot pass on the cost ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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