FSA adviser fees only rise by 5%
Regulatory levies for most IFA firms will rise by 4.8% in 2009/10 but this is well down on an anticipated 15% hike, the FSA confirmed today. The rise in fees faced by advisers is still higher than that for mortgage brokers, despite major problems in the sector.
Publishing its final fee statement for the current financial year, the FSA confirmed it will need to raise its total income from fees by almost 36%.
Deposit acceptors, including banks and building
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