PwC makes final offer to ex-Indie brokers.

PricewaterhouseCoopers is making its final offer to ex-Independent Insurance brokers. The provisi...

PricewaterhouseCoopers is making its final offer to ex-Independent
Insurance brokers.


The provisional liquidator is writing to tell brokers the terms of the new
deal on 5 June. It will also set a date by which brokers must accept or
reject the agreement - believed to be the end of June.


The deal will have to be accepted by the 'vast majority' of brokers in
order to go ahead. If it is accepted, deadlines will be set by which the
various monies held by brokers and policyholders will have to be
exchang

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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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