PIMFA Calls for “Greater Ambition” to Address FSCS Levy Funding Issues

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, welcomes the fact the UK’s Financial Conduct Authority (FCA) has “recognized current levels of Financial Services Compensation Scheme (FSCS) funding are unsustainable and is committed to reform. But current proposals lack ambition.” Liz Field,…