The piece was written opinion lexology.com concern now launched the idea of financial audit that the changes should be a law in September. As the current law, I must be a clear link between the consultant and the loss of the customer for negligence, to enforce the entire credit can be accepted. In other words, even if the adviser has acted negligently, and the customer has suffered loss, unless it was due to the above, there is no automatic right to compensation.
If the FSA is able to get the legislature to the repair order regardless of causality, the author asks, what would the effect on insurance consultants professional liability? To what extent would market PII be allowed to cover such a significantly increased risk?
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