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COMP 13.6A IFA pensions review compensation levies

COMP 13.6A.1R

1The FSCS must allocate any part of a specific costs levy or compensation costs levy that relates to IFA pensions review claims:

  1. (1)

    to participant firms which were liable to pay the PIA pensions review compensation costs levy in 2001/2002; and

  2. (2)

    in the same percentage share as that levy (adjusted to distribute the share of any previous contributor, which is not a participant firm, among remaining participant firms in accordance with their percentage shares).