2 faults probably related
The Powersteering works off the Speedo Unit on the back of the gearbox
If the speedo sensor fails the steering Unit doesn't know how much assist it needs to input
So as a result the PS switchs off - as to play it safe
Since the speedo Unit also Shows you how fast your going
I'm going to say its the speedo sensor sounds to be at fault
best way to confirm is to get the FiatEcuScan witha Cable - get the fault code read
I think the fault code is po500 something like that
I have a speedo sensor error stored in my ecu too - i know why my ps played up lol
Ziggy