She added: "One of the key reasons we are doing the finance questionnaire [next week] is to help us get a really strong sense of the financial wellbeing of this industry, so we can understand who are most approximate to failure and then we can size the potential harm associated with that."
Yesterday Baroness Nicky Morgan warned the only way to reduce the growing FSCS levy was to prevent the spread of investment scams and unauthorised firms in the market.
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