Phase Two 'will be workable'.

The IFA Association is confident that Phase Two of the Pensions Review will be able to go ahead this...

The IFA Association is confident that Phase Two of the Pensions
Review will be able to go ahead this month in a form that is workable for
IFAs and brokers.


At the time of going to press, the Association was still in discussions
with trade bodies and regulators but was looking to find a new formula for
Phase Two by the beginning of this year.


At the end of last year, Garry Heath, director general of the IFA
Association, told PB: "We are confident that we are able to give guidance
to our members

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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