Against all the odds, the Pro Adviser Podcast is back for a second episode and this time we dissect the professional indemnity crisis advisers are currently having to grapple with.
Many advisers have been left wishing the rise in the Financial Ombudsman Service's compensation award limit from £150,000 to £350,000 on 1 April really was just an April Fool's Day prank as it has resulted in huge difficulties for their businesses - and indeed their professional indemnity (PI) insurers. In this podcast, presenter Tom Ellis and our now-specialist PI reporter Hannah Godfrey analyse why the compensation limit increase has led to such a problem. And, if you manage to stick it out to the last five minutes, they later move on to discuss the strange public relations war foug...
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