View more on these topics

FSA sets up invoice system on internet

The FSA is introducing an online system which allows firms to access their regulatory fee accounts via a web browser.

The regulator’s online invoicing application will hold details of regulatory invoices, credit notes and payments over the last three years.

Companies using the system will be notified by email when invoices and credit notes are issued.

The system will also allow firms to dispute invoices online and receive email responses from the FSA’s revenue operations team.

The FSA has piloted the system with a small number of authorised firms, who reported that the application provided useful fees information and should be helpful for other firms.

The FSA says: “Having received positive feedback from a pilot exercise involving a small number of firms, the phased rollout of the online invoicing application is now under way. We have already invited 4,000 authorised firms to register and over the next two to three months we will be emailing all the other authorised firms to give them the opportunity to register for the application.”

Firms can register for online invoicing through the regulator’s website.


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. Nero fiddled whilst Rome burned.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm