FCA publishes fresh FSCS consultation

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The Financial Conduct Authority (FCA) has published its latest consultation into the Financial Services Compensation Scheme (FSCS) fees paid for by financial services firms.

The watchdog has made a number of proposals following the initial consultation process.

As part of this the regulator discussed options for moving some life businesses into the general insurance fee class.

The FCA noted that as part of the consultation it got a large number of responses from firms selling pure protection

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