Christchurch Tory MP Christopher Chope delivered the plea in a written question following increasing difficulties obtaining cover.
Financial secretary Ruth Kelly said the Financial Services Authority ‘is aware of the difficulties facing such firms and will be publishing a consultation document shortly’.
She said the requirement for cover was contained in the FSA rules.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast