October 05, 2016 BY Valentina Kirilova

FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings

The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets. Mark Steward, Director of Enforcement and Market Oversight at the FCA said: Aviva outsourced the administration of…

Read more