The way professional indemnity (PI) underwriters assess a planner’s risk, added to ambiguous regulatory guidelines, means a fresh approach to product regulation and safety guidelines is required. That ...
The Australian Securities and Investments Commission (ASIC) has acknowledged the trouble some financial advisers are experiencing in obtaining professional indemnity (PI) insurance. The ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
NIBA maintains that the design of any future CSLR changes should continue to distinguish between sectors with significant unpaid determinations and those with limited Australian Financial Complaints ...
Renewals of solicitors' PI insurance this year have taken place in a hard market, with reports of many firms – including large City firms – experiencing premium increases of 20 to 40%. There has been ...
Adviser Simon Mansell spoke about the changes with networks and being directly authoried. One FT Adviser reader, Simon Mansell, wrote in about the position many network advisers may find themselves in ...
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This week in insurance: Air India crash pressures reinsurers, Japan expands overseas, Gen Zs suspicious of insurance
The Philippines’ pre-need sector also by 31.23% year-on-year. Asia-Pacific's insurance sector from 16 to 20 June saw higher demand for professional indemnity insurance (PI) whilst a separate survey ...
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