Brokers threaten not to pay FSA fees and levies as anger intensifies
Brokers have threatened to withhold their payment to the FSA in a mass protest against this year’s fees and levies hike.
Other brokers have warned that they could be forced out of business because of increases in the levels of both the FSA’s main fee and the FSCS levy.
Insurance Times continues to be inundated with feedback from angry brokers following last week’s launch of our ‘Fair Fees: Brokers won’t pay for banks’ campaign.
The IIB and Biba warned it is illegal for brokers not to pay their fees.
Read the full story in this week's issue of Insurance Times, or click here to read it first online.
Read this week's cover story online: Fair fees: Brokers won't pay for banks
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