This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
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Claims management regulation is self financing, with claims management companies meeting the costs of regulation through payment of authorisation fees.
The fee levels are set in advance of the year to which they apply. They are calculated based on the expected number claims management companies that maintain their authorisations into the following year.
This consultation response summarises the responses received and sets out the fee levels for the regulation year beginning 1 April 2014.
The Claims Management Regulation Unit is funded from fees paid by claims management companies. This consultation sets out proposed fee increases to fund an expansion to the unit necessary to reduce consumer detriment in the industry.
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This consultation invites views on the fees for applications for authorisation and annual fees for the regulation year 1 April 2014 to 31 March 2015 for claims management companies.