ifa

‘Lack of transparency’ around PI and compensation: SIAA

In response to a Financial Services Council (FSC) green paper from earlier this year, the Stockbrokers and Investment ...
ifa

Government launches PI insurance review to address CSLR costs

While the broader financial services system grapples with the increasing costs of the Compensation Scheme of Last Resort – as ...
Professional Planner

Govt canvasses whether ASIC has enough oversight of PI arrangements

Treasury will review PI insurance and how it can help the sustainability of the Compensation Scheme of Last Resort, with ...
Money Management

ASIC relaxes PI insurance requirements

The tightening of the professional indemnity insurance market has led the corporate regulator to amend its requirements of Australian Financial Services Licensees (AFSLs). The Australian Securities ...
FTAdviser

Letter to the Editor: the lesser known side to PI insurance

Adviser Simon Mansell spoke about the changes with networks and being directly authoried. One FT Adviser reader, Simon Mansell, wrote in about the position many network advisers may find themselves in ...
Law

Solicitors PI Insurance: Weathering the Storm

Renewals of solicitors' PI insurance this year have taken place in a hard market, with reports of many firms – including large City firms – experiencing premium increases of 20 to 40%. There has been ...