Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a733603

Aviva axes hospitality for financial advisers after FCA paper

by Jun Merrett on Feb 12, 2014 at 08:52

Aviva axes hospitality for financial advisers after FCA paper

Aviva has stopped hosting hospitality events for financial advisers following the Financial Conduct Authority's (FCA) inducement paper.

Aviva made the decision to not host hospitality events for its 'life product distributors', who are mainly financial advisers, to comply with the regulator's final guidance on inducements, published in January.

An Aviva spokeswoman 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. This is to ensure that both Aviva and our distributors adhere to the FCA's ruling on this matter.’

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Sponsored Video: Barings on investing in Frontier Markets


From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

More about this:

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet