Clive Goldthorpe: Soaring PI insurance costs are the most effective way to clamp down on DB transfers

Many claims set to land with insurers

clock
Clive Goldthorpe: "Advisers will have to accept that to keep operating, higher premiums are simply the cost of doing business."
Image:

Clive Goldthorpe: "Advisers will have to accept that to keep operating, higher premiums are simply the cost of doing business."

The DB transfer market has been put in sharp focus after the FCA unveiled a series of new measures that will make it even harder for advisers to carry out switches for clients. In fairness, give...

To continue reading this article...

Join Professional Adviser

 

  • 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

PA's editors in pictures: Rob Kingsbury, Katrina Lloyd, Scott Sinclair, Julian Marr and Tom Ellis

Six editors in 21 years: Advice as viewed by those who ran Professional Adviser

From 2001 to 2022

Professional Adviser
clock 24 June 2022 • 9 min read
Irish advice firm under investigation by FSCS

Irish advice firm under investigation by FSCS

25 cases upheld by FOS

clock 24 June 2022 • 3 min read
Leading financial journalist named as new editor of Professional Adviser

Leading financial journalist named as new editor of Professional Adviser

Joining in September

Professional Adviser
clock 23 June 2022 • 1 min read