FCA publishes fresh FSCS consultation
Regulator reveals proposals on moving protection intermediaries into the general insurance class, the Lloyd’s contribution, and fees to those dealing with unrated insurers.
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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