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Our response to consultation on the third PPF levy triennium – 2018/19 to 2020/21

An industry scorecard for the regulated financial services sector is a good start but we have some concerns about its applicability to a typical building society.   There are also question marks over the scorecards for entities with a credit rating.

An industry scorecard for the regulated financial services sector is a good start, particularly the decision to drop the inequitable mortgage age variable.  We do, however, have some concerns about the industry scorecard’s applicability to a typical building society. 

Click here for the full response.