Whats Your Protection

Published / Last Updated on 08/09/2003

New Money Clinic Feature - For Registered Users - What protection do you have if your Financial Adviser or Insurance Company goes bust? Over the last few years insurance and investment companies have suffered from massive losses in investment markets as well as reducing bonus rates. There are also increasing numbers of complaints and compensation payments and many companies have applied for solvency waivers from the industry regulator.  In addition, literally thousands of financial advisers are having problems with obtaining Professional Indemnity Insurance to protect against negligence.  What protection do you have if something goes wrong?  We spoke to our director, Ashley Clark, about the state of the industry and what you should look out for. Visit the Money Clinic Feature Now.

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