PI Insurance
Advisers continue exodus from DB transfer market
As over 190 firms gave up permissions in the last three months
Advisers have no ‘risk appetite’ to carry out DB transfers
With nearly half considering leaving the space within a year
Advisers forked out £110m on PI insurance in 2019
Average premium across the industry was £24,079
UK regulator to quiz advice firms on DB transfers again
Questionnaire will be sent out to around 2,000 businesses
Best Practice | 12 Jun 20
What questions should advisers ask their network?
Impact of recent regulations and Brexit are going to change the rules of the game