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
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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