Specialist UK Professional Indemnity insurance firm Inperio is to launch a new PI product for independent financial advisers in the UK.

The average professional indemnity premium paid by Financial Planning firms has risen to 2.3% of average regulated revenue in 2019, according to the FCA’s retail intermediary market data released today.

Financial Planners believe business growth and efficiency to be the biggest challenges they face in 2020, according to a new survey.

The Personal Finance Society has called for a four month ‘waiver’ for financial advice firms struggling to find affordable Professional Indemnity insurance during the Coronavirus pandemic.