Financial Compensation Scheme (FSCS)
Market welcomes news of FSCS levy reduction
Biba pleased with FSCS announcement while brokers take a more cautious approach.
Brokers' FSCS levy reduced by £24m for 2014/2015
FSCS chief says reduction reflects PPI claims trend.
What the Papers Say – February 2014
Emmanuel Kenning, editor of Insurance Age, joins the title’s reporter Caitlin Morrison, for the latest edition of What the Papers Say.
Brokers bemoan further FSCS levy rise
Industry increasingly despondent as Biba labels FSCS protest a “rear-guard action”
Another FSCS fee hike
This week brokers were hit by a predicted 15% increase in the FSCS levy for 2014/15.
Brokers disheartened by FSCS increase
No expectations of fall in levy for years.
Brokers' FSCS levy will climb by £8m in 2014/2015
Biba is "not surprised but disappointed" by FSCS broker hike.
Biba's White says trade body is 'ready for battle' over FSCS costs
Modification of the FSCS funding model would aid economic growth, according to White.
Biba launches 2014 manifesto
Trade body targets 'disproportionate' regulation costs.
FSCS estimates Lemma collapse could cost £25m
The Financial Services Compensation Scheme (FSCS) estimates that the collapse of Gibraltar-based Lemma Europe Insurance Company will cost £25m.
Majority of brokers believe FCA is merely a rebrand
Three quarters of brokers believe the change to the Financial Conduct Authority (FCA) has been merely a "re-branding exercise", a survey has found.
FCA issues clone broker warning
The Financial Conduct Authority (FCA) has issued a warning against dealing with KBP Insurance Service Limited as it is not authorised to carry out regulated activities in the UK.
Biba slams latest FSCS interim levy
The British Insurance Brokers' Association (Biba) head of compliance and CEO-in-waiting Steve White has hit out at the latest compensation scheme interim levy.
Brokers' FSCS interim levy confirmed as £16m
Brokers will be hit with an interim Financial Services Compensation Scheme (FSCS) levy of £16m - down from the £20m previously predicted, Insurance Age can reveal.
Video: What the Papers Say latest edition
In the March edition, James Sharp, business development director at TEn Insurance, tackles the subject of increasing FSCS levies.
Brokers facing further FSCS levy hikes
Regulator blames uncertainty over PPI claims for demanding a £20m interim levy for 2012/13
Biba hits out at 'token gesture' FSCS proposals
The British Insurance Brokers' Association (Biba) has vented its frustration at the latest Financial Services Compensation Scheme (FSCS) proposals, branding them "a token gesture".
Yet another kick in brokers' FSCS teeth
As sure as night follows day, brokers' favourite regulatory cost is set to rise yet again.
Brokers' FSCS levy will climb to £58m
Brokers are likely to be slapped with another Financial Services Compensation Scheme (FSCS) levy hike, the body has confirmed.
Biba urges brokers to budget for £21m FSCS levy
The British Insurance Brokers' Association (Biba) has warned that there is "every likelihood" that an interim Financial Services Compensation Scheme (FSCS) levy will hit brokers in the coming months.
CMCs pocketed £7.4m from PPI claims in 2012
Claims management companies (CMC) made more than £7.4m from UK consumers claiming compensation for mis-sold payment protection insurance (PPI) in 2012.
Sheila Nicoll to leave FSA
Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave when it changes to the Financial Conduct Authority (FCA) in April.
ABI at odds with Biba over FSCS funding model
The Association of British Insurers has broken ranks and labelled the Financial Services Authority's (FSA) Financial Services Compensation Scheme (FSCS) funding model "an unhelpful step backwards".
FSA consults on FSCS funding model
The Financial Services Authority (FSA) has confirmed new funding rules for the Financial Services Compensation Scheme (FSCS).