So long, brave new dawn
The FSA is looking for nearly £580m in fees from the industry in its final year of existence, a 15% increase on the previous year.
Fair play to them – might as well get a good wedge in before you go.
So the chances are, if you’re a medium-sized or large firm, your costs are going to go up.
But c’mere, there’s more.
Not wanting to miss out on the action, the FSCS has announced that once again, it is to increase its levy on financial services.
Next year it will be asking for £221m a slight increase on last year (£217m), but an increase nonetheless.
And with some inevitability, it turns out that the insurance industry will
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