Advisers have been warned this morning they face an extra FSCS levy next year as a result of rapidly growing claims related to Sipps.

Hargreaves Landsown has revealed it is being stung by a 450% rise in its bill to help pay for the FSCS, as it announced a 5% drop in profits. Read more...

The increased FSCS levy could mean total regulatory costs for Sipp operators in the sector could rise by an additional 75% this year when compared with 2014. Read more...

A product levy should pay for the costs of running the Financial Services Compensation Scheme, an adviser support company says. Read more...