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Levy

UK advisers face extra FSCS levy despite fall in Sipps claims

Tax & Regulation | 12 Apr 17

UK advisers face extra FSCS levy despite fall in Sipps claims

The UK’s Financial Services Compensation Scheme (FSCS) may still impose an interim levy on life and pension advisers despite a fall in the average cost of Sipp-related claims.

UK advice body touts gov’t financial health check vouchers

Best Practice | 22 Feb 17

UK advice body touts gov’t financial health check vouchers

Every working adult in the UK should be offered a voucher for a financial health check session with a professional financial adviser, the Personal Finance Society (PFS) has recommended.

UK Sipp complaints continue to rise, reveals Ombudsman

Retirement | 7 Feb 17

UK Sipp complaints continue to rise, reveals Ombudsman

Complaints about self-invested personal pension schemes (Sipps) have increased, according to latest figures from the UK’s Financial Ombudsman Service (FOS).

UK to make ‘polluters’ pay in FSCS levy shake-up

Tax & Regulation | 14 Dec 16

UK to make ‘polluters’ pay in FSCS levy shake-up

The UK regulator has proposed changing the financial compensation scheme to make riskier, so-called ‘polluter’ firms pay higher levies.

Dodgy Sipps claims to drive up FSCS levy on UK advisers

Retirement | 1 Dec 16

Dodgy Sipps claims to drive up FSCS levy on UK advisers

The UK’s Financial Services Compensation Scheme (FSCS) has warned it may impose an interim levy on life and pension advisers over the increasing number of claims related to self-invested personal pension schemes (Sipps).

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.