IFAs see FCA annual regulatory bill rise 60%

by | Jul 24, 2020

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@peter_IFAMAG reads Twitter so you don’t have to.


Disgruntled advisers handed annual regulatory bills as much as 60% larger than last years. Chris Giles updates the Bank of England’s CHAPS data, as UK retail sector sees ‘V-shaped recovery.’

Dennis Hall from Yellowtail Financial Planners was not best pleased about the increase to the FCA’s annual regulatory bill.

 
 

Nick Bamford saw a rise of 61.3%. He did well to censor his language.

 
 

Sam Sloma saw his FCA fee increase of 100%. Check out the thread for further comment from IFAs.

Hannah Godfrey from Professional Adviser shares the sentiment. .

 
 

Chris Giles pieces together what he calls the Monetary Policy Committee’s new favourite chart.

Retail recovers to pre-COVID levels, however, Jonathan Athow suggests uneven recovery.

And finally, I hope all those with Wirecard stock were keeping up to date on IFA Magazine’s coverage too.

https://twitter.com/MattGarrahan/status/1286545843580010497


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