United Kingdom · Question · Written question
UIN 10348
Financial Services: Insurance
Original
Introduced
30 January 2020
Last action
6 February 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2020
Summary
To ask the Chancellor of the Exchequer, what plans he has to raise professional indemnity cover limits which independent financial advisers are required to have to practise.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
30 January 2020
Written question
To ask the Chancellor of the Exchequer, what plans he has to raise professional indemnity cover limits which independent financial advisers are required to have to practise.
Source: Commons
6 February 2020
Answer
The requirement for Independent Financial Advisers (IFAs) to hold adequate Professional Indemnity Insurance (PII) cover is an important element in protecting consumers who receive financial advice. The Financial Conduct Authority’s (FCA) handbook sets out...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-01-30/10348
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1174842
- uk · wq-1174842 · source updated 6 February 2020