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FSCS levy hike reignites debate about how costs are apportioned
Wealth firms are still losing out under the revamped Financial Services Compensation Scheme (FSCS), chief executives and the Wealth Management Association (WMA) have warned. Their comments come as the FSCS announced the 2014/15 headline annual levy will be reduced by £37 million to £276 million. However, wealth management and advisory…
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