Tough but manageable: The advice PII market in 2025

Weary advisers know only too well that the only certainties in life are death, taxes - and sorting out (PII). The overwhelming majority of financial advisers require compulsory PII to help protect them against claims for poor advice or negligence that has led to financial loss. Getting the correct cover at the all-important right price can be tricky, but the good news is that premiums are falling and there is much more stability in the market than IFAs have seen in recent years. So why are PII premiums so high, what is a reasonable price to pay, and what are the pitfalls around exclusio...