Time to fight the FSCS good fight for brokers

Andrew Pearce

For the brokers who have tried to blank the painful proposition from their minds, in July the FSA presented yet another 50% rise in the financial cap for brokers' sub-class.

It was the equivalent of pouring more salt into the proverbial wound, following the 50% levy rise implemented in February 2011.

Industry figures have long argued that insurance brokers should be separated from other intermediaries such as credit brokers in the FSCS' funding structure.

They have disputed the proportion of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

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: