Editor's comment - February 2011
As you are no doubt aware from this month's cover story, brokers are facing another year of heavy, heavy levies from the Financial Services Compensation Scheme (FSCS).
Last year, many brokers witnessed an eightfold increase in their levy and many feared that they would not be able to meet the financial demands made of them. No change this year I'm afraid. Or, it appears, the one after that. It was bad enough last year but it looks like you will have to budget to pay at least what you did in 2010 for the next two years. Quite how you will all manage to do that during this persistent recession is another matter.
Hopefully, lessons from last year will have been
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