It was expected to publish a consultation paper in November but is now waiting for the new regulatory structure to be finalised.
Levies for 2011/12 will be published this week and the consultation process will need to complete this year for reform to affect the 2012/13 levies.
An FSA spokeswoman says: “We cannot move to consultation stage on the FSCS funding review until we have clarity about the new regulatory landscape.” (article continues below)
Richard Hobbs, a public affairs and regulatory consulting director at Lansons, says: “There will not be a review until after the legislation about the new regulatory structure has been agreed and I think that is some years away yet.”
Ken Davy, the chairman of SimplyBiz, has called on the FSA to introduce a product levy instead. Over 300 advisers have signed a petition at For the latest updates PRESS CTR + D or visit Stock Market news Today
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