Financial Advisers Insurance in Brighton
FCA-compliant professional indemnity and business insurance for independent financial advisers, wealth managers and financial planning firms in Brighton.
Key points
- Independent financial advisers (IFAs)
- Wealth management firms
- Financial planning practices
- Mortgage brokers and advisers
- Employee benefits consultants
- Pension advisers and trustees
Frequently asked questions
- Is professional indemnity compulsory for financial advisers?
- Yes. The FCA requires all authorised financial advisers to hold adequate PI insurance. Minimum capital requirements and PI limits vary depending on your firm's permissions and activities.
- What level of PI cover do IFAs need?
- FCA rules set minimum PI cover based on your firm's annual income and type of business. Typical limits range from £1 million to £5 million. We ensure your cover meets FCA requirements.
- Does IFA insurance cover FCA investigations?
- Most PI policies include defence costs for regulatory investigations. Given the increasing frequency of FCA enforcement, we ensure this extension is included as standard.
This page is part of https://becks.insure/financial-advisers-insurance-brighton. Becks Insurance Brokers is an independent, FCA-regulated commercial insurance broker based in Brighton, advising businesses across Sussex and the UK.