Survey finds brokers believe they are Y2k-ready.

Just over half all brokers, intermediaries and independent financial advisers that have responded to...

Just over half all brokers, intermediaries and independent financial
advisers that have responded to the Association of British Insurers' year
2000 compliance questionnaire believe that they have done all they can to
prevent problems arising from the millennium bug.


Of the 2680 independent intermediaries that have returned the
questionnaire, a staggering 1367 have ticked category one, which reads:
"We believe that we have addressed all the foreseen problems that may
arise from the data change and

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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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