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Talkback

“No. We would end up paying for other people&#39s mistakes.”

Jill Rickson, Daniel Marshall Associates

“No. You would be back to a Lloyd&#39s-type situation. Any mutual type arrangement would leave you with an open-ended liability.”

Christopher Mason, Mason & Ball Services

“Yes, as long as people have the option to get PI insurance direct.”

Jonathan Kelly, Flemmings Financial Services

“Yes because hopefully our premiums will work out a lot cheaper than they are now.”

Eamon McCourt, McCourt Financial Management

“I don&#39t know. In theory,it is a good idea but I wonder who would underwrite the scheme and whether the premiums would be too high.”

Brian Mitchell, Mitchell Prockter Financial Services

“Yes there should. The problem of PI is not going to go away and we need to get it sorted once and for all.”

David Wilson,Dace Financial Services

“No. It is a good idea in principle but there a lot of IFAs who do not pay much attention to how their run their businesses, so I have doubts as to whether it would work.”

Mukesh Chhatralia, M&P Insurance Consultants

“No, I don&#39t think it would work. I personally would not want to get involved in something like that.”

Andrew Dutton, Penton Corporate Services

No 50%

Yes 30%

Don&#39t

know 20%

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