14/10/2011 - FSCS Levy Dodge With EU Passporting
FSCS Levy Dodge With EU Passporting.
Feifa have seen a large number of enquiries from UK-based IFAs looking to domicile outside of the UK and believe this is due to the fact that IFA firms do not feel valued by the Financial Services Authority.
If the firms have passported, they will not have to pay the FSCS levy, but may be subject to a levy in the relative jurisdiction if there is one.
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