FCA may intervene in PI market if it falters

The FCA says that it may intervene in the professional indemnity insurance market for firms if insurers are unable to renew cover.

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PFS urges joint solution to FSCS and PII market flaws

The Personal Finance Society has called for a joint solution to the flaws in the Financial Services Compensation Scheme (FSCS) and the professional indemnity insurance (PII) market as part of its submission to an FCA consultation.

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FCA plans to amend the minimum levels of PII

The FCA plans to amend the minimum levels of professional indemnity insurance cover to bring it in line with an EU directive.

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New PII rules eyed as FCA bids to stop firms' 'riskier practices'

New PII rules are being considered by the FCA in a bid to prevent firms from “riskier practices”.

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