
FCA's Debbie Gupta has said a good fact-find will help firms renew their professional indemnity (PI) insurance
Speaking at the annual Dynamic Planner Conference in London yesterday (5 February), the Financial Conduct Authority's director of life insurance and financial advice supervision told delegates that conducting a suitable fact-find was "critical" in getting to know clients well. Those who ensure they have completed a sufficient fact-find, Gupta said, will find it easier to renew their PI insurance. She said the FCA wanted to see more of firms transform their relationship with clients and be ...
To continue reading this article...
Join Cover
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.