No levy for brokers - a victory for the workers
There has finally been an exciting development regarding FSCS levies. Brokers won't be charged this year!
Earlier this week brokers welcomed the good news that they would not have to pay a levy to the Financial Services Compensation Scheme (FSCS) in 2015/16, something that can only be described as a victory after years of paying millions of pounds to the scheme.
This is of course a very happy development for a community that has been overcharged for years. Last year brokers were charged a total of £38m to the FSCS and the year before that they paid a whopping £54m.
All despite the fact that the main
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