More important than ever to look at PI well before renewal - rewatch regulation and technology webinar (Scotland)

PA Working Lunches

Sophie King
clock • 1 min read

It is more important than ever for advisers to look at their professional indemnity (PI) options well before renewal, according to Compliance First director of compliance policy Richard Nuttall.

In the last of a series of Working Lunches hosted by Professional Adviser on Thursday (27 August), in partnership with Compliance First, Nuttall encouraged advisers to open a dialogue with their PI providers well before their firm's renewal date. "I think firms are experiencing a lot of difficulty when it comes to renewals, whether that's price increase or limitations," he said. The Financial Conduct Authority (FCA) has recently started to hone in on advice firm's PI cover, specifically around those with pension transfer permissions. Nuttall said those firms with pension transfer perm...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Compliance-focused adviser generation 'lost the human touch'

Compliance-focused adviser generation 'lost the human touch'

‘Now there's soft skills training but advisers naturally did it back then’

Isabel Baxter
clock 24 April 2024 • 2 min read
Advice firms face data challenges amid new regulation

Advice firms face data challenges amid new regulation

Firms face challenges in collecting data and due diligence processes

Sahar Nazir
clock 24 April 2024 • 1 min read
PA Working Lunches: Register today to hear from Baillie Gifford

PA Working Lunches: Register today to hear from Baillie Gifford

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 24 April 2024 • 1 min read