FCA outlines PI threat in FSCS review


The Financial Conduct Authority (FCA) has updated the market on its review of the Financial Services Compensation (FSCS) scheme.

The regulator stated that its plans to change funding classes and the FSCS compensation limits - to £85,000 for certain investment, finance and debt issues - were “supported” in its consultation.

Its plan to move pure protection intermediation from the Life and Pensions Intermediation funding class to the General Insurance Distribution funding class was also

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: