Brokers demand big changes in FSCS review


The announcement that the Financial Services Authority (FSA) is to resume its review of the Financial Services Compensation Scheme (FSCS) funding has the potential to make a significant difference to the UK’s brokers.

The past few years has seen a massive hike in fees – some brokers faced a levy increase of 900% – but industry bodies are now taking a more positive view of the situation.

Steve White, head of compliance and training at the British Insurance Brokers’ Association (Biba), said the as

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: