New evidence PFS members hit by huge PI increases

The Personal Finance Society says it has received new evidence that some of its 40,000 members are being hit with huge increases in Professional Indemnity premiums and facing restricted cover.

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3,000 download PFS template after call to action

The Personal Finance Society has reported that 3,000 members have downloaded a template to be used to write to MPs to urge government intervention over rising Professional Indemnity and FSCS costs.

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PFS urges advisers to lobby MPs over soaring FSCS levy

The Personal Finance Society is urging its 40,000 members - hit by a double whammy of soaring Professional Indemnity premiums and escalating Financial Services Compensation Scheme levies - to lobby their local MP for change.

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30 advice firms quit transfer market as PI woes worsen

 

More than 30 financial advice firms have dropped pension transfer advice in three months due to problems in securing professional indemnity insurance, the Personal Finance Society says.

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