Insurers argue FSCS funding structure to pay into broker pool is 'unreasonable'
The British Insurance Brokers' Association has condemned plans to revise the funding structure of the Financial Services Compensation Scheme, arguing that the charges faced by insurance brokers remain "unacceptably high".
In the latest FSCS Funding Model Review published on 18 January, the Financial Services Authority proposed dividing firms into two pools: finance providers, including insurers and banks; and
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