The simple fact the Treasury Select Committee thought rising FSCS levy costs for advisers were important enough to raise the issue with the FCA chief is an encouraging sign, writes Professional Adviser editor Tom Ellis, but the regulator is keen to smother any hope with a damp cloth.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes