PIMFA - Building personal financial futures
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PIMFA Fortnightly News Bulletin - 4th December 2019 Welcome to the PIMFA Bulletin, our fortnightly e-newsletter delivering a snapshot of the latest news and current affairs from within PIMFA and the industry.
What is PIMFA working on? New PIMFA Member Firm We are excited to welcome another new member to PIMFA:
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Servo Private Wealth – Wealth Manager
We look forward to working with you.
Attention Required: Insurance Distribution Directive (IDD) update on Professional Indemnity Insurance (PII) cover The Commission’s Regulatory Technical Standards, adopting the base Euro amounts for PII and for financial capacity of insurance and reinsurance intermediaries, was published in the Official Journal of the EU.
The figures have changed as follows: -
the minimum amount of EUR 1 250 000 per claim is increased to EUR 1 300 380 per