Biba warns brokers on £21m FSCS levy

Eric Galbraith

The British Insurance Brokers' Association has warned that it is increasingly likely that a proposed levy on insurance brokers will come into effect.

The Financial Services Compensation Scheme said in its late November half year review that it could levy the insurance intermediary sub-class a further £21m in early 2013, and Biba CEO Eric Galbraith

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