We are publishing rules on our 2016/17 regulatory fees and levies for the FCA, the pensions guidance levy, the Financial Ombudsman Service general levy, and MoneyHelper (formerly the Money Advice Service).
Why are we publishing rules on this?
We are funded entirely by the fees and levies recovered from the firms we regulate – we receive no subsidies from other sources. The policy in this paper will enable us to raise the funding for the FCA, the Financial Ombudsman Service (excluding case fees) and MoneyHelper (formerly the Money Advice Service) to meet their statutory objectives in 2016/17. They will also enable the Pension Wise service (now MoneyHelper's Pension Wise), provided by the Department for Work and Pensions, to be funded in 2016/17.
PS16/16: FCA regulated fees and levies 2016/17 Including feedback on CP16/9 and 'made rules'[1] (PDF)
Who does this Policy Statement affect?
All fee-payers will be affected by this Policy Statement.
Our fees rules are not directly of interest to consumers, although indirectly our fees are met by consumers.
Find out more
- CP16/9: FCA regulated fees and levies: rates proposals 2016/17[2]
- Fees and levies[3]
- How we raise our fees[4]