Aviva has withdrawn its corporate hospitality events for its life distributors following the release of the Financial Conduct Authority’s (FCA) final guidance on inducements and conflicts of interests.
A spokesperson for Aviva said: “The FCA has issued guidance on its position on hospitality for distributors.
“Following this new clarification we have decided not to host hospitality events for our life distributors.”
Source: www.ifaonline.co.uk
The FCA document: FG14/1 – Supervising retail investment advice: inducements and conflicts of interest
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