Financial advisers will be levied a total of £77.1m for the 2017/18 financial year, 4.7% more than in the previous year, the Financial Conduct Authority (FCA) has confirmed.
In a fees paper out on Monday the FCA confirmed it will collect £3.4m more from the A.13 fee block than it did for the 2016/17 financial year. In April, the regulator expected there would be a 3.7% reduction in rates paid by individual advisory firms due to a 2.9% increase in the number of firms operating in the market. However, this was revised down to 2.6%, despite the significant, unanticipated growth of the fee block. The FCA had originally expected the a.13 fee block to grow from 9,501...
Bill broadened to include insurable interest in cohabitants, group schemes and trusts
Thursday 4th October at The Hilton London Bankside
Early conversations about end-of-life care are crucial to ensure individuals living longer can make their own decisions, however right-to-die approaches vary all over the world
Group life, critical illness and income protection business bought from Munich Re