ASIC deputy chairman, Peter Kell, says the regulator will be taking a clsoe look at professional indemnity insurance in coming months....

The corporate regulator is not seeking any changes to PI insurance requirements for advisers stating that ‘tinkering’ would not deal with problems related to claims or di...

Nearly 50 per cent of financial advisers access PI insurance through one of three insurers with CGU supplying nearly a quarter of planners with PI cover....

Nearly 50 per cent of financial advisers access PI insurance through one of three insurers with CGU supplying nearly a quarter of planners with PI cover....

Centrepoint Alliance to assist planners gain their own licence and secure PI cover ...

There exists plenty of evidence that the External Dispute Resolution regime and its interplay with PI cover is proving problematic for the financial planning industry. Mi...

The actions of external dispute resolution entities has served to impact both the cost and availability of professional indemnity insurance. ...

The increasing complexity of financial services legislation is responsible for the growing levels of frivolous legal claims against planners. ...

The AFA wants the Financial Systems Review to encompass both PI and the external dispute resolution processes....

Legal costs in appeal set to consume client payment despite ruling in their favour. ...

Risk-focused dealer group Synchron is strongly considering going to the Australian Competition and Consumer Commission (ACCC) over a particular dealer group charging advi...

Lawyers target planners as ASIC says PI is a risk management tool rather than a consumer protection mechanism....

The Salisbury Group (TSG), a planning business with 50 planners, has gone into administration following the recent closure of Australian Financial Services (AFS). ...

Speculation surrounding the future of the Australian Financial Services (AFS) Group has increased amid questions about its ability to provide professional indemnity (PI) ...