Biba calls for intermediary split after shock FSCS hike
Insurance brokers have reacted angrily to Financial Services Compensation Scheme proposals to increase their fees to more than £90m for 2011/2012.
Under the FSCS' latest annual plan and budget, insurance brokers could face a bill of £93.5m — compared to £59.6m, which has already been levied for the 2010/2011 year of account.
The hike reflects
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