Events

Story

FCA recognises need to ‘up our game’ and admits FSCS levy is ‘unsustainable’

FCA recognises need to ‘up our game’ and admits FSCS levy is ‘unsustainable’

Debbie Gupta, Director of Life Insurance and Financial Advice at the FCA, told delegates in her keynote address on day two of PIMFA’s Virtual Fest 2, that the FCA acknowledged it needed to change, adding the independent reviews of the regulator’s handling of LCF and Connaught made for “sobering reading for all of us”.