IIB disappointed with “bleak” FSA fee and levy proposals
The Institute of Insurance Brokers has revealed its disappointment with the FSA’s proposals to change its fee structure and increase Financial Services Compensation Scheme levies for 2010/11.
The FSA has proposed raising the minimum fee for firms regulated by the body to £1000, while an interim levy of £20m will be placed on the Financial Services Compensation Scheme to fund failures
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