§ Mr. DonaldsonTo ask the Chancellor of the Exchequer, what action is being taken by the Financial Services Authority to address the problems caused by the collapse of the professional indemnity insurance market for independent financial advisers in the United Kingdom. [80675]
§ Ruth KellyThis is a matter for the FSA. I understand that in a press statement on 29 October 2002, the FSA announced technical changes to its rulebook regarding professional indemnity insurance. The FSA has explained that it introduced these new, temporary measures to increase capacity in the market for professional indemnity insurance.