Response to SRA discussion paper-Protecting client’s financial interests

Response to SRA discussion paper-Protecting client’s financial interests

response-sra-discussion-paperOn 16 September 2015 we submitted a response to the SRA Discussion Paper: Protecting Client’s Financial Interests.

They were seeking views on a number of possible options for reforming their Professional Indemnity Insurance (PII) arrangements and the Compensation Fund – including removing cover for awards made by the Legal Ombudsman from the PII. Our response opposed this proposal, provided some examples of relevant complaints and emphasised the importance of both PII and the Compensation Fund as elements of consumer protection.

Response to SRA discussion paper-Protecting client’s financial interests