Campaigns
Time to do something about the FSCS levy
The Impartial Advisers Association along with “Financial Planners United” are going run a joint campaign and we want you and your firm to get involved.
Regulation in the UK is notionally “independent” of Government. This allows HM Treasury to blank MPs requesting change or action.
Recent letter writing campaigns demanding action over FSCS costs have fallen down this rabbit hole. However, there is one Parliamentary body that has oversight and that is the Treasury Select Committee (TSC) which can order enquiries into any aspect of regulation.
The more that MPs ask for this the more likely this is to happen. Select Committee Chairmen are extremely sensitive to backbench pressure.
You can find links to two documents.