FCA reviewing PI market: report

The UK Financial Conduct Authority (FCA) has launched a review into
the professional indemnity (PI) market as part of a drive to
improve coverage for advisers.
According to Money Marketing the regulator has contacted at
least three major insurers and a law firm as part of discussions
over PI funding.
The publication said the meetings were held in reference to
ongoing reforms to the Financial Services Compensation Scheme
(FSCS).
In addition to discussions with market participants, the FCA has
als