FSA fee payment scheme set for Biba members

The arrangement has followed Biba's input into the FSA Regulatory Fees & Levies Instalment's Working Group and will offer Biba members a specially discounted rate 0.5% lower than for non-trade association members. It will include guaranteed auto-acceptance of sums up to a specific limit, provided there have been no defaults in previous years.

Graeme Trudgill, Biba's technical and corporate affairs executive, said: "We are delighted to have negotiated a special rate for BIBA members. This is an e