Onfirst reading, it seems too good to be true. “In a victory for clients, FPA Health will reopen all its centres and provide services from today as a result of obtaining professional indemnity insurance for its entire staff.”
Two key industry challenges knocked over by the FPA in one foul swoop.
It would seem that the FPA is going to provide health centres for those of you who have over-indulged on the conference front and secondly, and arguably more importantly, has negotiated a deal with pesky insurers on how to find a solution to the professional indemnity insurance crisis.
Well it sounds too good to be true because it isn’t true. The press release is talking about the Family Planning Association. And while the body has a valuable contribution to the wider society, it’s too-bad-so-sad for the financial planning industry’s own professional indemnity insurance woes.
The only good outcome of all this is that now that the Family Planning Association is back in action, the financial planning industry will see a return of the regular novices who never knew the difference between the two service providers.
You would have thought the posters in the waiting room were a dead give away they were in the wrong place.
