Media coverage of the British Steel saga, comments from politicians and uncertainty on the part of the regulator are combining to increase the cost of PI insurance for firms advising on pension transfers, according to Keith Richards.
The Personal Finance Society chief executive told Professional Adviser insurers were doing what they were able to do by assessing whether they were overexposed to risk before warning the situation could...
EIS and Seed EIS sectors
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019