The Great Unknown - PI... comply...goodbye?

The question of solvency requirements and the need for professionalindemnity (PI) cover are probably the two most pressing issues facingbrokers at the moment.

Experts reckon most intermediaries have until midsummer to decide whetherto press ahead and plan to meet the new Financial Service Authority (FSA)requirements - whatever they might be - or whether it is time to quit.

And with thousands of small brokerages run by those who established theirbusinesses in the 1970s, when previous regulatory

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: